Nippon Steel partnership go-ahead boosts U.S.-Japan cooperation

President Trump has approved a major partnership between Nippon Steel and U.S. Steel, marking a significant geopolitical move that could reshape economic ties between the two nations. The deal, worth $14 billion, includes plans for a new steel mill and greenfield development, reflecting a shift in Trump’s stance on foreign investment after years of opposition. This approval bolsters confidence in U.S.-Japan economic security amid a delicate political climate.