Trump Still Against Pittsburgh Based U.S. Steel Overseas Buyout

The Center Square YT

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December 6th, 2024

DESCRIPTION

A controversial $14.9 billion overseas buyout of the iconic U.S. Steel company based in Pittsburgh still doesn’t have Donald Trump’s support. On Tuesday, the president-elect reaffirmed his vow to block the deal with Japanese-based Nippon Steel, upholding the same promise given by the Biden administration earlier this year. Instead, Trump says, stronger tariffs will save the company from shuttering its headquarters in the eponymous Steel City and moving further south.

The Center Square YT

The focus of The Center Square's work is state and local level government and economic reporting. A taxpayer sensibility distinguishes our work from other coverage of state and local issues. As a result of this approach, our audiences are better informed about the focus of state and local government and its cost to the citizens whose tax dollars fund governmental decisions.