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President Trump announces U.S. Steel's partnership with Nippon Steel, aiming to boost U.S. steel industry.
President Trump announced that U.S. Steel will remain in the U.S. and form a partnership with Nippon Steel Corporation, a move aimed at strengthening the American steel industry and reducing reliance on Chinese steel.
While details of the partnership are unclear, the announcement has led to a 21% jump in US Steel's shares, signaling potential economic benefits.
The deal, however, still requires regulatory approval.
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El presidente Trump anuncia la asociación de U.S. Steel con Nippon Steel, con el objetivo de impulsar la industria siderúrgica de los Estados Unidos.