‘Another snake-oil salesman’s pitch’: US workers wary of Trump’s steel deal

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Jun 4, 2025 - 22:53
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‘Another snake-oil salesman’s pitch’: US workers wary of Trump’s steel deal

The president believes his Nippon Steel agreement will revive America’s steel industry – but workers are skeptical

Donald Trump, once “totally against” Nippon Steel of Japan’s controversial $14bn takeover bid for US Steel, the second largest US steel producer, is now hailing the deal as a turning point for the struggling industry.

“We won’t be able to call this section a Rust belt any more,” the US president declared at a plant in West Mifflin, Pennsylvania, on Friday. “It’ll be a golden belt.” Continue reading...

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