President Donald Trump said on Friday that U.S. Steel will partner with the Japanese company Nippon Steel, and remain headquartered in Pittsburgh.
The partnership comes after Trump <a href="https://www.dailywire.com/news/trump-revives-possible-sale-of-u-s-steel-to-japans-nippon-steel" target="_blank" rel="noopener">ordered</a> a review of the possible sale of U.S. Steel to Nippon Steel in April. Former President Joe Biden blocked the $14.9 billion sale of U.S. Steel to Nippon Steel, citing national security concerns and risks to U.S. supply chains. Now, the two companies will form a &#8220;planned partnership&#8221; that will result in 70,000 jobs, according to the president.
&#8220;I am proud to announce that, after much consideration and negotiation, U.S. Steel will REMAIN in America, and keep its Headquarters in the Great City of Pittsburgh,&#8221; Trump said. &#8220;For many years, the name, &#8216;United States Steel&#8217; was synonymous with Greatness, and now, it will be again. This will be a planned partnership between United States Steel and Nippon Steel, which will create at least 70,000 jobs, and add $14 Billion Dollars to the U.S. Economy.&#8221;
U.S. Steel is facing major losses, reporting a net loss of $116 million in the first quarter of 2025, but the steel industry remains an important part of the economy in America, <a href="https://www.zippia.com/steel-worker-jobs/demographics/" target="_blank" rel="noopener">employing</a> over 44,000 people.
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In December, one month before Biden blocked the deal, Trump said he also opposed the sale to the foreign company, vowing to &#8220;make U.S. Steel Strong and Great Again.&#8221; The White House confirmed that Trump received a recommendation from the Committee on Foreign Investment in the U.S., which reviewed the proposed deal between the American and Japanese steel companies, Bloomberg <a href="https://www.bloomberg.com/news/articles/2025-05-23/trump-backs-us-steel-nippon-partnership-following-cfius-review" target="_blank" rel="noopener">reported</a>.
Trump reportedly spoke with Japanese Prime Minister Shigeru Ishiba over the phone on Friday, and Commerce Secretary Howard Lutnick met with Japan&#8217;s top trade negotiator to discuss tariffs. It&#8217;s unclear if either of those conversations included talks about the U.S. Steel-Nippon deal. Trump added that he will speak at a &#8220;BIG Rally&#8221; in Pittsburgh on Friday, May 30.
&#8220;The bulk of that Investment will occur in the next 14 months. This is the largest Investment in the History of the Commonwealth of Pennsylvania,&#8221; Trump added. &#8220;My Tariff Policies will ensure that Steel will once again be, forever, MADE IN AMERICA. From Pennsylvania to Arkansas, and from Minnesota to Indiana, AMERICAN MADE is BACK. I will see you all at US Steel, in Pittsburgh, on Friday, May 30th, for a BIG Rally. CONGRATULATIONS TO ALL!&#8221;
Tim Pearce contributed to this report.

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‘Made In America’: Trump Says U.S. Steel Will Remain In Pittsburgh, Partner With Japanese Company

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President Donald Trump said Thursday that he would impose a 200% tariff on wine and other alcoholic beverages from the 27 countries that make up the European Union if it did not &#8220;immediately&#8221; remove a 50% tariff on whiskey. 
“The European Union, one of the most hostile and abusive taxing and tariffing authorities in the World, which was formed for the sole purpose of taking advantage of the United States, has just put a nasty 50% Tariff on Whisky,” Trump <a href="https://truthsocial.com/@realDonaldTrump/posts/114155003492555395" target="_blank" rel="noopener">posted</a> on Truth Social. “If this Tariff is not removed immediately, the U.S. will shortly place a 200% Tariff on all WINES, CHAMPAGNES, &amp; ALCOHOLIC PRODUCTS COMING OUT OF FRANCE AND OTHER E.U. REPRESENTED COUNTRIES. This will be great for the Wine and Champagne businesses in the U.S.”
Trump&#8217;s announcement comes after the European Union rolled out a <a href="https://ec.europa.eu/commission/presscorner/detail/en/ip_25_740" target="_blank" rel="noopener">plan</a> on Wednesday to put tariffs on up to $28 billion worth of U.S. exports in response to the 25% tariffs Trump imposed on global steel and aluminum imports. The European Union tariffs, which will go into effect in two stages, beginning on April 1 and then sometime in mid-April, could hit a wide variety of American products, including poultry, dairy products, spices, chocolate, wines, whiskey, and fruits. 
“The trade relations between the European Union and the US are the biggest in the world,” said European Commission President Ursula von der Leyen. “They have brought prosperity and security to millions of people, and trade has created millions of jobs on both sides of the Atlantic. As of this morning, the United States is applying a 25% tariff on imports of steel and aluminum. We deeply regret this measure. Tariffs are taxes. They are bad for business, and even worse for consumers.”
The European Commission said the tariffs could be “reversed” at any time if a “solution” was found. 
U.S. Trade Representative Jamieson Greer slammed the European Union over their tariff announcement. 
“The EU’s punitive action completely disregards the national security imperatives of the United States — and indeed international security — and is yet another indicator that the EU’s trade and economic policies are out of step with reality,” Greer <a href="https://www.politico.eu/article/eu-tariffs-donald-trump-diplomat-eu-war-defending-nation-bloc/" target="_blank" rel="noopener">said</a>. 
The tariffs on steel and aluminum first went into effect on Wednesday after Trump <a href="https://www.whitehouse.gov/fact-sheets/2025/02/fact-sheet-president-donald-j-trump-restores-section-232-tariffs/" target="_blank" rel="noopener">announced</a> them in February, arguing that they were necessary to strengthen the domestic economy and for national security reasons. 
“Foreign nations have been flooding the United States market with cheap steel and aluminum, often subsidized by their governments,” Trump said in February. “A report from the first Trump Administration found that steel import levels and global excess were weakening our domestic economy and threatening to impair national security.”

President Trump Delivers Remarks From The Oval Office

Trump Threatens To Impose 200% Tariffs On EU Wine And Champagne

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Former Canadian Minister of Finance and Deputy Prime Minister Chrystia Freeland, who hopes to replace Prime Minister Justin Trudeau as head of the Liberal Party, threatened President Donald Trump earlier this week, saying, “I have a message today for President Trump. If you force our hand, we will inflict the biggest trade blow that the United States has ever endured.”
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">
A message for President Trump: <a href="https://t.co/hHMA5L0DnS">pic.twitter.com/hHMA5L0DnS</a>
&mdash; Chrystia Freeland (@cafreeland) <a href="https://twitter.com/cafreeland/status/1889067979561734417?ref_src=twsrc%5Etfw">February 10, 2025</a></blockquote>
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Trump issued an <a href="https://www.whitehouse.gov/presidential-actions/2025/02/adjusting-imports-of-steel-into-the-united-states/">executive order</a> imposing a 25%  tariff on Canadian steel and aluminum, which will take effect on March 12. Trudeau responded by saying, “Tariffs on Canadian steel and aluminum would be entirely unjustified.”
“The prime minister is absolutely right,” Freeland said on CNN to anchor Erin Burnett. “These tariffs are illegal. They are unjustified. And crucially, Erin, they are self-mutilating for the United States. They&#8217;re going to hurt the U.S. really badly.”
“You know, I think you guys sometimes think Canada — well, actually, I don&#8217;t think Americans think about Canada all that often, which is fine with us,” she said. “But what you should remember is we are actually your largest market. We are larger than China, Japan, the U.K., and France combined. And that means we have economic leverage. Our country is really united behind this. We will use that leverage.”
Burnett asked what the “trade blow” would look like, prompting Freeland to state: &#8220;Dollar for dollar retaliation, any tariff imposed on Canada, Canada will respond to. And our response is going to be smart and targeted. The tariffs the U.S. is threatening Canada with are across the board and they&#8217;re going to hurt you. Take aluminum. Aluminum is basically electricity in solid form.  And in imposing a 25 percent tariff on Canadian aluminum. You&#8217;re hurting yourselves. You&#8217;re putting a 25 percent tax on electricity, and you actually need more electricity today in this AI race with China.&#8221;
“Our retaliation is going to be a lot more surgical than that. We are going to go after American stakeholders who matter to the White House,&#8221; she continued. &#8220;I have proposed a 100 percent tariff on all Teslas. I am calling on all the countries that are affected by this tariff to join us and our retaliation will target specific Trump constituencies. Another group that we&#8217;re going to go after is Wisconsin dairy farmers. We know how important they are for the president, and we&#8217;re not going to let them sell their products in Canada anymore.&#8221;
“We do not want to have a fight with you,” she asserted. “We would prefer to be your partner and we can be a great partner. But if you hit us, we&#8217;re going to have to hit you back. “
But Freeland later added, “We will design our retaliation to target the people who we think are the most influential, the people who, if they are feeling pain from our retaliation, will say to the president, let&#8217;s not do this anymore.”
<iframe loading="lazy" title="Canada&#039;s Freeland vows to target Trump constituencies with retaliatory tariffs" width="500" height="281" src="https://www.youtube.com/embed/jtSyb099ovE?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
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Canadian P.M. Candidate Threatens Trump With ‘Biggest Trade Blow U.S. Has Ever Endured’

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President Donald Trump said on Sunday that he would place a 25% tariff on foreign steel and aluminum imports into the United States starting Monday.
“Any steel coming into the United States is going to have a 25 percent tariff. Aluminum, too,” Trump stated, according to <a href="https://www.nytimes.com/2025/02/09/business/economy/trump-steel-aluminum-tariffs.html" target="_blank" rel="noopener">The New York Times</a>, which noted, “The reciprocal tariffs the president has proposed would raise the levies the United States charges on certain imports to match what other countries charge on American products when those goods come across their borders.”
“Very simply, if they charge us, we charge them,” Trump said.
According to <a href="https://www.tradeimex.in/blogs/us-steel-import-data-list-of-top-us-steel-buyers-and-imports-by-country" target="_blank" rel="noopener">Tradeimex</a>, the top nations exporting steel to the U.S. are Canada: 6.39 million metric tons, Brazil: 3.49 million metric tons, and Mexico: 2.85 million metric tons. The top <a href="https://www.opportimes.com/top-5-aluminum-exporters-to-the-u-s/" target="_blank" rel="noopener">exporters</a> of aluminum are Canada, with 39% of the total, China, with 9.69% of the total, and Mexico, with 6.91% of the total.
Trump’s penchant for imposing tariffs as a form of economic leverage has been tremendously successful before. In March 2018, he said he would <a href="https://www.npr.org/2018/03/08/591744195/trump-expected-to-formally-order-tariffs-on-steel-aluminum-imports" target="_blank" rel="noopener">impose</a> tariffs on imported steel and aluminum; CNBC <a href="https://www.cnbc.com/2018/03/02/trumps-steel-aluminum-tariffs-may-rattle-canadas-economy-and-nafta.html" target="_blank" rel="noopener">noted</a> at the time that Canada exported roughly 90 percent of its steel to the U.S., the most of any country, and was responsible for 41 percent of America’s aluminum imports.
But a few days later, Trump stated, “Tariffs on steel and aluminum will only come off if new &amp; fair NAFTA agreement is signed.”
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">
We have large trade deficits with Mexico and Canada. NAFTA, which is under renegotiation right now, has been a bad deal for U.S.A. Massive relocation of companies &amp; jobs. Tariffs on Steel and Aluminum will only come off if new &amp; fair NAFTA agreement is signed. Also, Canada must..
&mdash; Donald J. Trump (@realDonaldTrump) <a href="https://twitter.com/realDonaldTrump/status/970626966004162560?ref_src=twsrc%5Etfw">March 5, 2018</a></blockquote>
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By October 2018, Canada and Mexico <a href="https://www.cnn.com/2018/09/30/politics/trump-nafta-canada/index.html" target="_blank" rel="noopener">signed</a> a revised NAFTA agreement.
Trump’s 2018 tariffs were part of a trade war that erupted between the U.S. and China in which the two countries fired tariffs at each other until China agreed to spend an extra $200 billion per year on U.S. goods in 2020, as the BBC <a href="https://www.bbc.com/news/articles/czrl053kez3o" target="_blank" rel="noopener">noted</a>.
On February 1, Trump imposed tariffs on imports from China, Mexico, and Canada. The White House <a href="https://www.whitehouse.gov/fact-sheets/2025/02/fact-sheet-president-donald-j-trump-imposes-tariffs-on-imports-from-canada-mexico-and-china/" target="_blank" rel="noopener">stated</a>:
<blockquote>
The extraordinary threat posed by illegal aliens and drugs, including deadly fentanyl, constitutes a national emergency under the International Emergency Economic Powers Act (IEEPA). Until the crisis is alleviated, President Donald J. Trump is implementing a 25% additional tariff on imports from Canada and Mexico and a 10% additional tariff on imports from China.  Energy resources from Canada will have a lower 10% tariff.
</blockquote>
Two days later, Canadian Prime Minister Justin Trudeau announced that Canada would send 10,000 troops to the U.S./Canada border.
“I just had a good call with President Trump. Canada is implementing our $1.3 billion border plan — reinforcing the border with new choppers, technology and personnel, enhanced coordination with our American partners, and increased resources to stop the flow of fentanyl. Nearly 10,000 frontline personnel are and will be working on protecting the border,” Trudeau said in a <a href="https://x.com/JustinTrudeau/status/1886529228193022429" target="_blank" rel="noopener">statement</a>.
“In addition, Canada is making new commitments to appoint a Fentanyl Czar, we will list cartels as terrorists, ensure 24/7 eyes on the border, launch a Canada-U.S. Joint Strike Force to combat organized crime, fentanyl and money laundering,” he added. “I have also signed a new intelligence directive on organized crime and fentanyl and we will be backing it with $200 million.”
Related: <a href="https://www.dailywire.com/news/trudeau-caves-to-trump-canada-to-ensure-border-security-after-tariff-threats">Trudeau Caves To Trump: Canada To &#8216;Ensure&#8217; Border Security After Tariff Threats</a>

Donald Trump Campaigns For President In Pennsylvania

‘If They Charge Us, We Charge Them’: Trump To Impose 25% Tariff On Steel, Aluminum Imports: Report

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‘Made In America’: Trump Says U.S. Steel Will Remain In Pittsburgh, Partner With Japanese Company

Trump Threatens To Impose 200% Tariffs On EU Wine And Champagne

Canadian P.M. Candidate Threatens Trump With ‘Biggest Trade Blow U.S. Has Ever Endured’

‘If They Charge Us, We Charge Them’: Trump To Impose 25% Tariff On Steel, Aluminum Imports: Report