US Steel Stock Rallies After Trump Approves Nippon Steel Deal
1. Nippon Steel's acquisition of U.S. Steel is now approved. 2. Trump's executive order includes special oversight for U.S. operations. 3. Investment of $14 billion, $4 billion for a new mill confirmed. 4. Tariffs on imported steel increased to 50% to protect U.S. jobs. 5. The deal marks significant changes in the industry landscape.