Trump Can Win Again With U.S. Steel Deal

President Donald Trump just keeps making better and better deals.

There is another opportunity for a win in finding a sweet spot for a deal between Nippon Steel and U.S. Steel.

Trump is putting together another great deal, which will also benefit Americans at home and improve our international standing. The details of that deal will be worked out between Nippon Steel and U.S. Steel. However, they will prove that Trump can bring people to a favorable agreement.

Most importantly, this deal will wean American manufacturers from reliance on imported Chinese steel to make cars and to manufacture products using steel. Finding the deal that keeps U.S. Steel viable while encouraging foreign investment in the U.S. economy is genius.

While former President Joe Biden demonized the deal and tried to use the issue to win Pennsylvania, nobody trusted Biden to cut any deals that helped the U.S. economy.

Trump’s business skills are on display in his work to cut a deal.

“[Nippon’s] going to be doing something very exciting about U.S. Steel. They’ll be looking at an investment,” Trump said, playing his cards close to the vest. “They’ll work out the details. I’ll be there to mediate and arbitrate.”

On Dec. 18, 2023, U.S. Steel announced it wanted to make a deal with Nippon Steel, a publicly traded global company.

However, then-President Joe Biden refused to allow the deal to move forward. He didn’t recognize, as Trump clearly does, that Nippon Steel’s investment would supercharge U.S. Steel’s growth, give it access to new technologies and innovations, and help stabilize an industry critical to U.S. national security.

Nippon Steel is a publicly traded company owned and controlled by its shareholders. When it invests in an American company, neither the government of Japan nor any other foreign government will have any control over U.S. Steel’s operations. Nippon Steel’s investment will allow American workers to manufacture more steel in the United States to meet that growing demand.

It will also be good for U.S. Steel, an iconic American company. Saving American jobs was central to the Trump campaign, and it is being implemented with Trump’s negotiating skills in getting the two parties closer to a deal.

U. S. Steel will retain its name, its famous brand, and its headquarters in Pittsburgh. Introducing Nippon Steel’s cutting-edge technologies to U.S. Steel’s facilities will allow the company to manufacture better. They will have the benefit of new high-grade steel products like electrical steel and automotive flat steel that will give them an edge on Chinese producers of inferior steel products. A deal will transform U.S. Steel into a stronger, more stable, and cleaner company able to manufacture a broader array of American-made steel products here.

After Nippon’s investment, U.S. Steel will maintain its current compensation and benefits programs for its workers. U.S. Steel’s union workers will benefit by having input from the resources of a much larger company that wants to help build out the top steelmaker in North America.

Nippon Steel is coming into the U.S. and is not taking out. It won’t move factories to Japan but may move production here. It won’t ship jobs overseas but may bring more jobs to our shores. The sky is the limit, and it will be fun to watch the company’s investment grow here even as it boosts international relationships.

The United States was built by deal-makers like Trump. In the Republic’s early days, small companies frequently banded together to form huge ones. Small railroads consolidated into continent-spanning lines. In our time, Peter Thiel and Elon Musk agreed to work together to form PayPal instead of destroying each other.

Deals and investments are the American way, and Trump is like rocket fuel powering the binge.

With Nippon taking a hand in the business, U.S. Steel’s future has never looked brighter.

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