Trump Approves Nippon–US Steel Deal, Companies Say

United States Steel Corp. and Japan’s Nippon Steel said on June 13 that President Donald Trump approved of their proposed partnership. “We thank President Trump and his Administration for their bold leadership and strong support for our historic partnership,” the companies said in a joint statement. “This partnership will bring a massive investment that will support our communities and families for generations to come. We look forward to putting our commitments into action to make American steelmaking and manufacturing great again.” Their announcement comes after Trump signed an executive order approving the deal, so long as they signed a national security deal with the federal government....