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of <h1>Nippon Steel's $15B US Steel Acquisition Gains Momentum with Trump's Job Creation and Economic Growth Endorsement</h1> A potential acquisition of US Steel by Japan-based Nippon Steel appears likely after President Trump suggested the company will keep its headquarters in Pittsburgh. Trump indicated the partnership could create 70,000 jobs and add $14 billion to the US economy. Nippon Steel's nearly $15 billion bid, previously blocked, seems to be moving forward with potential facility upgrades in Pennsylvania and Indiana. Investors responded positively, with US Steel shares jumping 21 percent.
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