May 31st, 2025
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Donald Trump said he will make taxes on steel from other countries bigger, to help steel workers in Pennsylvania.
Later, he wrote on Truth Social. He said the tax on aluminum will be 50%. He said this will start on Wednesday.
Trump spoke at a steel factory near Pittsburgh. He said a company from Japan will give money to the American steel company. They will share more information later.
Trump is in Washington. He told reporters he must say 'yes' to the deal.
I need to say yes to the last paper for the Nippon plan. We don't have it now. But they said they will do a lot, and it costs a lot of money.
Trump first said no to Japan buying US Steel. Then he changed his mind. Now, Japan will own part of US Steel.
We don't know if the deal is finished. We also don't know who will own the company. Nippon Steel still wants to buy U.S. Steel. They will give more money to U.S. Steel factories. They promise to keep all workers and not close factories. They need the government to say yes.
Trump said: "We are here today for a big party. We made a good deal. This old American company will stay American. You will stay American, right?" He said this at a U.S. Steel building.
Trump said more taxes on steel from other countries will make the U.S. steel business stronger. But prices might go up a lot.
Steel costs 16% more now. This started in January when Trump became president. A government report says this.
In March 2025, steel in the U.S. was $984. In Europe, it was $690, and in China, it was $392. The U.S. made a lot more steel than it bought last year. Canada, Brazil, Mexico, and South Korea sold the most steel to the U.S.
New rules helped steel companies in the US. Nippon Steel wanted to buy US Steel because of these rules.
The steelworkers did not agree.
David McCall, the boss of the union, said they are very worried. He said it is not good if U.S. Steel joins a company from another country. He thinks it will be bad for the country, for the workers, and for their towns.
Trump said the deal will keep the company American. This company is important for making cars and for the country's safety.
Trump wants to make new deals and bring new jobs to the U.S. He wants to make the people who voted for him happy. He said he would help U.S. factories.
U.S. Steel did not tell its investors about the new plan. Nippon Steel said yes to work together, but they did not share the details.
Nippon will buy U.S. Steel. They will put money into U.S. Steel factories in many places. Most of the leaders will be Americans. The U.S. government can stop the deal.
Some workers did not like Nippon Steel buying the company. But now, more workers think it is okay. They believe U.S. Steel will close their factories near Pittsburgh.
Clifford Hammonds works at the plant. Trump spoke there. Clifford said the deal will help the old plant get better. It will also help them make more things.
"We are using money to fix the factory. It is old and broken. We are not making enough things. We need to fix the machines so we can make more."
This is very important for Trump. Last year, he said he would stop the deal. He also said people from other countries cannot own U.S. Steel. Biden said this too.
Trump said he would help factories in America. U.S. Steel is a big company. If it has problems, it could be bad for his party in some states during the next election.
Trump said he will not agree to the deal if U.S. Steel is not American. He said the main office will stay in Pittsburgh.
The president spoke on Friday and said thank you to the steel workers.
He said, "We will make our own metal and power. We will make our country strong and safe. We will decide our future." He also said, "We will use steel from Pennsylvania to make America strong again.
Trump and other US leaders talked about Nippon Steel. They will spend a lot of money. They will also build a new steel factory in the US.
On Friday, some workers from U.S. Steel were with him on the stage. One worker was Jason Zugai. He works at the Irvin factory. He and other workers there wanted Nippon Steel to buy U.S. Steel. But their main union did not agree.
Zugai's father lost his job. Zugai talked to important people. He wanted them to help U.S. Steel. He thought the company would close its factories near Pittsburgh.
Zugai told Trump, "I knew you would help us." He also said Nippon Steel will put a lot of money into making steel in the U.S. He thinks this is very good for people.
May 31st, 2025
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