June 26, 2025
Trump signs an executive order saying the tie-up could move forward if the companies reach an agreement with the Treasury Department resolving national security concerns
New tariffs are likely to raise steel prices, affecting the industry and consumers
Nippon Steel plans to invest $14 billion into US Steel's operations, including up to $4 billion in a new steel mill
Shares in US Steel shot up nearly 14%, as investors took it to mean the administration was considering approving the merger
