Trump Approves Nippon–US Steel Deal, Companies Say

The announcement comes after Trump signed an executive order approving the deal, so long as they signed a national security deal with the federal government.

Rolls of steel are seen Rolls of steel during a rally at U.S. Steel-Irvin Works in the Pittsburgh suburb of West Mifflin, Pa., on May 30, 2025. Saul Loeb/AFP via Getty Images

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.