May 31st, 2025
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Donald Trump wants to put a big tax on steel from other countries. This is to help the steelworkers in Pennsylvania.
Later, he wrote that taxes on aluminum will also 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. More news about this will come later.
Trump said he must agree to the deal. He said this when he came back to Washington.
I need to say yes to the last deal with Nippon. We don't have it yet. But they will give us a lot of money. It is a big investment, he said.
Trump first said no to a Japanese company buying a steel company in the U.S. But now he says it is okay if the Japanese company owns part of it.
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 said they will give more money and keep the workers. They need the government to say yes.
Today, we are here for a big agreement. This agreement will help this old American company stay American, Trump said. He was at a U.S. Steel building. He asked, "You will stay an American company, yes?"
Trump talked about taxes on steel from other countries. He said making them twice as high "will really help the steel business in the U.S." But this could make prices go up a lot.
Steel costs 16% more now. This started in January.
In March 2025, steel cost $984 in the U.S. This was more expensive than in Europe ($690) and China ($392). The U.S. government said this. Last year, the U.S. made much more steel than it bought from other countries. Canada, Brazil, Mexico, and South Korea sold the most steel to the U.S.
Old taxes helped steel companies in the US. Nippon Steel wanted to buy US Steel because of this.
The steel workers were still not sure.
David McCall, the leader, said they are very worried. He said this company joining a foreign company could be bad for the country, the workers, and their towns.
Trump said America will keep control of the company. This company is important for the country. It is important for politics, for making cars, and for safety.
Trump wants to make new deals and bring money to the U.S. He also wants to make his voters happy, especially factory workers, because he promised to help U.S. factories.
U.S. Steel did not tell its investors about the new plan. Nippon Steel said they like the idea to work together, but they also did not share the details.
Nippon will buy U.S. Steel. They will put money into U.S. Steel factories in some states. Most of the people who lead the company will be from America. The U.S. government can say no to some things the company wants to do.
Some workers in the union do not agree about Nippon Steel buying the company. At first, they did not like it. But now, they 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 plant get better and make more things.
"We are giving money to the factory to fix it. The factory 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 other countries cannot own U.S. Steel. Biden said this too.
Trump said he would help American factories. If U.S. Steel, a big company, has problems, it could be bad for his party in the next elections in some states.
Trump said no to the deal if U.S. Steel is not American. He said its main office will stay in Pittsburgh.
The president said thank you to the steelworkers at the end.
He said, "If you help, we will make our own metal and energy. We will be safe in the future. We will build our country and decide what happens to us. We will use Pennsylvania steel to make America strong again."
Trump and other US leaders talked about Nippon Steel. This company wants to spend a lot of money. They want to build a new steel factory in the US.
On Friday, some U.S. Steel workers were with him. One of them was Jason Zugai. He works at the Irvin factory. They want Nippon Steel to buy U.S. Steel, but their union leaders do 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.
Zugai told Trump, "I knew you would help us." He said Nippon Steel wants to make more steel in the U.S. This is very good for people.
May 31st, 2025
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