May 31st, 2025
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Donald Trump wants to make steel from other countries more expensive. This helps steelworkers in Pennsylvania.
He also said the tax on aluminum will be 50%. It will start on Wednesday.
Trump talked at a steel factory near Pittsburgh. He said a company from Japan will put money into the American steel company. We will know more later.
Trump is back in Washington. He said he must agree to the deal.
I need to say yes to the last paper with Nippon. I don't have it yet. They said they will give us a lot of money, he said.
Trump first said he would stop a Japanese company from buying a US steel company. But then he changed his mind. Now, the Japanese company can own part of the US steel company.
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. They will not fire workers or close factories. They need the government to say yes.
Today, we are here for a big deal. This deal will help this old American company stay American, Trump said. He was at a U.S. Steel building. He asked, "You will stay American, yes?"
Trump said more taxes on steel from other countries will make the steel business in the U.S. stronger. But prices might go up a lot.
Steel costs 16% more now. This started in January when Trump became president. A government paper says this.
In March 2025, steel cost $984 in the US. This was more than in Europe ($690) or China ($392). The US government said this. Last year, the US made more steel than it bought from other countries. Canada, Brazil, Mexico, and South Korea sold the most steel to the US.
US steel is strong now. Nippon Steel wants to buy US Steel because it is strong.
The steel workers were still not sure.
David McCall, the boss, said they are very worried. He said the company deal will be bad for the country, the workers, and their towns.
Trump said the company will stay American. It is important for making cars and for the country's safety.
Trump wants to make new deals and bring money to the U.S. He wants to make his voters happy, especially workers who make things. They voted for him because he said he would help U.S. factories.
U.S. Steel did not tell its investors about the new plan. Nippon Steel said they like the plan, but they did not share the details.
Some people in the government know about a plan. A company called Nippon wants to buy U.S. Steel. Nippon will spend a lot of money on U.S. Steel factories in different states. Most of the people who work in charge of the company will be from America. The U.S. government can stop some things the company wants to do.
The steelworkers' union said some workers did not like Nippon Steel buying U.S. Steel. But now, more workers think it is okay. They believe U.S. Steel would close its factories near Pittsburgh anyway.
Clifford Hammonds works at the factory. Trump spoke there. Clifford said the deal will help the old factory get better. It will also help them make more things.
"We are using money to fix the factory. It is old and broken. We don't make enough things here. We need to fix the machines."
This is very important for Trump. Last year, he said he would stop the deal. He also said a company from another country cannot buy U.S. Steel. Biden said this too.
Trump said he would help American factories. U.S. Steel was a very big company. Now, its future might make people not vote for his party in Pennsylvania and other states with many factories.
Trump said on Sunday he will not like the deal if U.S. Steel is not American. He said the main office will stay in Pittsburgh.
The president said thank you to the steelworkers at the end.
He said, "People like you help us. We will make our own metal and energy. We will make our country strong. We will choose our future." He also said, "We will use Pennsylvania steel for America's important buildings again. This will make America strong."
Trump and other U.S. leaders talked about Nippon Steel. The company wants to spend a lot of money, $14 billion. They want to build a new steel factory in the U.S.
On Friday, some U.S. Steel workers were with him. Jason Zugai was one of them. He works at the Irvin plant. He and others support Nippon Steel buying U.S. Steel.
Zugai's father lost his job. Zugai talked to important people. He wanted them to help the steel company. He thought the company would close without help.
Zugai told Trump, "I knew you would help us." He said Nippon Steel will put $14 billion into making steel in the U.S. He thinks this is very good for people.
May 31st, 2025
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