Trump OKs Nippon Steel investment in U.S. Steel
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Just a few moments after Air Force One took off from Andrews Air Force Base in Maryland, President Donald Trump sat at his desk aboard the plane with a handful of his trusted staff members, including White House press secretary Karoline Leavitt and Treasury Secretary Scott Bessent.
The bulk of expenditures would be made in the next 14 months, he said, and it will create and save more than 100,000 American jobs, including 14,000 in Pennsylvania. As part of the deal, U.S. Steel will maintain all its current operating blast furnaces at full capacity for at least the next 10 years.
Trump's increased steel tariff could lead to you paying more for appliances and cars, while impacting ports in Philadelphia and Wilmington.
Flanked by a sea of steelworkers dressed in their orange safety jackets and hard hats, President Donald Trump was given a hero’s welcome at the Mon Valley Irvin Works to mark the signing of the U.S. Steel-Nippon Steel deal,
Christian Klanica’s gut told him President Donald Trump wasn’t done raising steel and aluminum tariffs, so he turned down long-term production contracts and stocked up on supplies throughout the spring for his tool-and-die shop in Hempfield.
Amazon plans to invest at least $20 billion to build out two data centers in Pennsylvania, the e-commerce and cloud computing giant announced Monday alongside Keystone State leaders. The new
Amazon plans to invest at least $20 billion in the construction of multiple data center complexes in Pennsylvania, marking what officials called the largest private sector investment in the state’s history.