United States Steel Corporation Stock News

President Donald Trump issued an executive order on Friday approving U.S. Steel's merger with Japan's Nippon Steel, after the companies signed a national security agreement with the U.S. government. In this article X

U.S. President Donald Trump has approved the partnership between United States Steel Corp and Japan's Nippon Steel , the companies said on Friday.

The agreement with Nippon Steel is designed to resolve national-security concerns with the company's planned acquisition of U.S. Steel.

PITTSBURGH & TOKYO--(BUSINESS WIRE)--United States Steel Corporation (“U. S. Steel”) (NYSE: X) and Nippon Steel Corporation (“Nippon Steel”) (TSE: 5401) together with its wholly owned subsidiary Nippon Steel North America, Inc. (“NSNA”) (collectively, the “Companies”) today announced that President Trump has approved the Companies' historic partnership that will unleash unprecedented investment...

Nippon Steel's $14.9 billion bid for U.S. Steel poses a national security risk, but those concerns can be mitigated if the companies fulfill certain conditions laid out by the Trump administration, U.S. President Donald Trump said in a executive order on Friday.

Trump said the president will control the "golden share."

We are ten weeks into the new tariff regime with the suspension of reciprocal tariffs due to expire in a month. These tariff changes are having wide impacts across the economy and the only new trade deal so far that has happened has been with the United Kingdom. Tariffs on steel and aluminum just got boosted to 50% and major retailers like Walmart and Amazon are pushing on suppliers to eat most...

After a scorching 35% rally in just three weeks, United States Steel NYSE: X is sitting at levels not seen since 2010. Powered by a wave of trade protectionist sentiment and renewed optimism over a $14 billion acquisition bid from Japan's Nippon Steel, the industrial giant is suddenly in the spotlight.