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Christmas in May for PA Steelworkers

May 30, 2025 By Richard C. Young

President Donald J. Trump delivers remarks on America’s Energy Dominance and Manufacturing Revival Tuesday, Aug. 13, 2019, at the Shell Pennsylvania Petrochemicals Complex in Monaca, Pa. (Official White House Photo by Tia Dufour)

President Trump will visit Pittsburgh, PA, for a rally to celebrate the partnership between Nippon Steel and U.S. Steel that has been approved. Newsmax reports:

Proponents of the transaction are hoping his visit to the state where U.S. Steel is headquartered will cap a tumultuous 18-month effort by Nippon Steel to buy the iconic American company, beset by union opposition and two national security reviews.

But the deal is possibly not entirely done. Following Trump’s post on Truth Social last Friday announcing the rally and appearing to endorse the merger, he sowed doubt on Sunday, describing the deal to reporters as an investment with “partial ownership,” with control residing with the U.S.

Trump will deliver remarks at a U.S. Steel plant at 5 p.m. ET (2100 GMT) on Friday in the political swing state, which he won in the 2024 election. The White House described his remarks as being about the “U.S. Steel Deal.”

Trump technically has until next Thursday to decide whether to approve or scuttle the deal, after the Committee on Foreign Investment in the U.S. last week completed a second review of the merger. But the timeline could slip.

Workers are elated at the deal coming together. They said the deal was like “Christmas.” Watch the video from CBS Pittsburgh below:

“I can take a breath today.”

“It’s like early Christmas around here.”

“I was crying. I’m not ashamed to admit it.”

Western Pennsylvania steel workers and local politicians react to @POTUS‘ massive deal between U.S. Steel and Nippon Steel saving their factories. pic.twitter.com/OuKjfpnIBJ

— Rapid Response 47 (@RapidResponse47) May 30, 2025

 

Trump is on his way to the rally now.

.@POTUS is wheels up for Pennsylvania pic.twitter.com/FICzfqbcu7

— Rapid Response 47 (@RapidResponse47) May 30, 2025

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Richard C. Young
Richard C. Young
Richard C. Young is the editor of Young's World Money Forecast, and a contributing editor to both Richardcyoung.com and Youngresearch.com.
Richard C. Young
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