Trump announces "partnership" between US Steel and Nippon Steel (1 Viewer)

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    Politics - CBSNews.com

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    President Trump said Friday that U.S. Steel will keep its headquarters in Pittsburgh as part of what he called a "planned partnership" between the iconic American steelmaker and Japan-based Nippon Steel, which has sought to buy it.

    Nippon Steel's nearly $15 billion bid to buy U.S. Steel was blocked by former President Joe Biden. After Mr. Trump became president, it was subject to another national security review by the Committee on Foreign Investment in the United States.

    "I am proud to announce that, after much consideration and negotiation, US...

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