Trump greenlights U.S. Steel deal, promising $11B investment and 100,000 American jobs

President Donald Trump issued an executive order on Friday approving U.S. Steel’s merger with Japan’s Nippon Steel through a National Security Agreement (NSA). 

The NSA includes a commitment to more than $11 billion in new steelmaking investments in the United States by 2028 and the creation of more than 100,000 jobs. 

The deal also gives the U.S. government a "golden share" of the merger, which includes commitments to governance, domestic production and trade.

"This partnership...