Your current location is:Fxscam News > Foreign News
Trump supports US
Fxscam News2025-07-23 08:30:04【Foreign News】4People have watched
IntroductionForeign exchange brokerage platform query,Foreign exchange gto dealer,Former U.S. President Donald Trump recently expressed support for the collaboration between U.S. Ste
Former U.S. President Donald Trump recently expressed support for the collaboration between U.S. Steel and Foreign exchange brokerage platform queryNippon Steel, stating that this deal is a result of his tough trade policies and tariff strategy. Although he did not explicitly endorse the $14.1 billion acquisition proposal of U.S. Steel by Nippon Steel, his positive remarks significantly boosted market confidence, causing the stock price of U.S. Steel to surge by 26% at one point.
On his social platform Truth Social, Trump stated: “I am proud to announce that after thorough deliberation and negotiation, U.S. Steel will continue to be rooted in America, with its headquarters remaining in the great city of Pittsburgh.” He emphasized that it was his tariff policies that ensured the domestic presence of the U.S. steel industry, reflecting the core value of "Made in America."
He further stated that this U.S.-Japan steel partnership will bring at least 70,000 new jobs to the U.S. and drive approximately $14 billion in new investments, the majority of which will be implemented within the next 14 months. He also announced plans to personally visit Pittsburgh on May 30 to attend an event related to the partnership, further expressing his support for the deal.
According to confirmation from the White House, Trump has received review recommendations from the Committee on Foreign Investment in the United States (CFIUS) concerning the deal. This indicates that the transaction is undergoing national security regulatory review, pending final approval.
The partnership has garnered significant market attention not only due to the iconic status of U.S. Steel as a century-old industrial symbol but also because it involves deep-level interactions between the U.S. and Japan in manufacturing and strategic investments. If completed successfully, this transaction will signify a major shift in the global steel industry landscape and might also become a key indicator of U.S. foreign economic policy.
Risk Warning and DisclaimerThe market carries risks, and investment should be cautious. This article does not constitute personal investment advice and has not taken into account individual users' specific investment goals, financial situations, or needs. Users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their particular circumstances. Investing based on this is at one's own responsibility.
Very good!(57322)
Related articles
- A Strong Rebound! Initial Success of China's Real Estate Stimulus Measures
- Euro at turning point as Germany's CPI hits 2% ECB target,Lagarde warns of inflation volatility
- The SEC vs. Ripple lawsuit enters a new phase, intensifying XRP price fluctuations.
- Oil prices fluctuate due to the impact of nuclear negotiations and ceasefire expectations.
- The UK's FCA blacklists an additional 12 platforms, 2 of which are clones
- Oil prices are fluctuating, enhancing the safe
- The latest list of scam cryptocurrency exchanges exposed.
- IMF: A U.S. Strike on Iran Could Lower Global Growth
- SK Markets: Scam Exposed
- Oil prices saw a slight increase, influenced by US
Popular Articles
- Credit Suisse's plan: about 80% cuts in HK investment banking, focuses on M&A.
- Digital Wallets Propel Payment Innovation: Expected to Account for 50% of Global Sales by 2027
- Israel's Ben Gurion Airport will partially resume international flights starting Monday.
- British companies are shifting their investment focus towards domestic markets and India.
Webmaster recommended
Market Insights: April 9th, 2024
The Federal Reserve stands by, as the trade war hampers prospects.
Musk monitored by the U.S. government
Australian inflation cools in May, strengthening rate cut expectations.
CySEC revokes the AIFM license of Drayton Park Advisors.
Unlocking the Potential of Stablecoins
Oil prices fluctuate at high levels as the market focuses on Asian data and Iran nuclear talks.
Automatic enrollment and target