Trump silent on US Steel deal as Nippon Steel seeks support

Donald Trump concluded his election campaign by addressing his supporters in Pittsburgh, where he emphasized his dedication to safeguarding American jobs and manufacturing.

Notably, he did not mention his previous intention to block the $14.1 billion acquisition of United States Steel Corp. by Nippon Steel Corp.

As the president-elect remains silent on the matter, a senior executive from Nippon Steel is planning to visit Pittsburgh. The executive's objective is to engage with union members and local politicians in order to gain support for the acquisition of the renowned American steel company.

This development raises concerns about the future of U.S. steel manufacturing and its potential impact on American workers.

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