Trump greenlights Nippon merger with US Steel
1. Trump announced U.S. Steel and Nippon Steel partnership plans. 2. Partnership expected to create 70,000 jobs and $14 billion economic impact. 3. U.S. Steel shares rose over 24% following the announcement. 4. Nippon Steel's acquisition was blocked due to national security concerns. 5. Investment will be concentrated over the next 14 months.