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Trump says US Steel will keep HQ in Pittsburgh in a sign he’ll approve bid by Japan-based Nippon
President Donald Trump said Friday that U.S. Steel will keep its headquarters in Pittsburgh as part of what he called a “planned partnership” that seemed to signal that he’ll approve a bid by Japan-based Nippon Steel to make a big investment in the iconic American steelmaker, if not buy it outright.
Still, Trump’s statement left it vague as to whether he is approving Nippon Steel’s bid after he vowed repeatedly to block the deal to prevent U.S. Steel from being foreign-owned.
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