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Trump greenlights U.S. Steel deal, promising $11B investment and 100,000 American jobs

1. U.S. Steel shares jumped over 5% following Trump's merger approval. 2. Deal includes $11 billion investment and 100,000 job creation commitment. 3. U.S. government gains a 'golden share' in the merger for oversight. 4. Nippon Steel can invest without buying U.S. Steel outright. 5. Trump promises no layoffs and doubling tariffs on foreign steel.

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FAQ

Why Very Bullish?

The merger leads to significant investment and job creation, enhancing U.S. Steel's growth potential.

How important is it?

This merger substantially alters the financial landscape for U.S. Steel, promising growth and stability.

Why Long Term?

Investments and projects expected by 2028 will have prolonged beneficial impacts.

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