Crypto Genius: This Could Crush Bitcoin in 2025

On June 30th, two powerful "Wealth Drivers" ignite what could be a 2025 super bull run-backed by Trump. One investmentThe altcoin market as a whole has already soared 132,721% over the past ten years and could surge again. A $900 stake could turn into $108K over 12 months. This is The Great Gain of 2025.

Trump holding Pennsylvania rally to promote deal for Japan-based Nippon to 'partner' with US Steel

MICHELLE L. PRICE and MARC LEVY
May 30, 2025

HARRISBURG, Pa. (AP) -- President Donald Trump is holding a rally in Pennsylvania on Friday to celebrate a details-to-come deal for Japan-based Nippon Steel to invest in U.S. Steel, which he says will keep the iconic American steelmaker under U.S.-control.

Though Trump initially vowed to block the Japanese steelmaker's bid to buy Pittsburgh-based U.S. Steel, he changed course and announced an agreement last week for what he described as "partial ownership" by Nippon. It's not clear, though, if the deal his administration helped broker has been finalized or how ownership would be structured.

Trump stressed the deal would maintain American control of the storied company, which is seen as both a political symbol and an important matter for the country's supply chain, industries like auto manufacturing and national security.

Trump, who has been eager to strike deals and announce new investments in the U.S. since retaking the White House, is also trying to satisfy voters, including blue-collar workers, who elected him as he called to protect U.S. manufacturing.

U.S. Steel has not publicly communicated any details of a revamped deal to investors. Nippon Steel issued a statement approving of the proposed "partnership" but also has not disclosed terms of the arrangement.

State and federal lawmakers who have been briefed on the matter describe a deal in which Nippon will buy U.S. Steel and spend billions on U.S. Steel facilities in Pennsylvania, Indiana, Alabama, Arkansas and Minnesota. The company would be overseen by an executive suite and board made up mostly of Americans and protected by the U.S. government's veto power in the form of a "golden share."

In the absence of clear details or affirmation from the companies involved, the United Steelworkers union, which has long opposed the deal, this week questioned whether the new arrangement makes "any meaningful change" from the initial proposal.

"Nippon has maintained consistently that it would only invest in U.S. Steel's facilities if it owned the company outright," the union said in a statement. "We've seen nothing in the reporting over the past few days suggesting that Nippon has walked back from this position."

The White House did not offer any new details Thursday. U.S. Steel did not respond to messages seeking information. Nippon Steel also declined to comment.

No matter the terms, the issue has outsized importance for Trump, who last year repeatedly said he would block the deal and foreign ownership of U.S. Steel, as did former President Joe Biden.

Trump promised during the campaign to make the revitalization of American manufacturing a priority of his second term in office. And the fate of U.S. Steel, once the world's largest corporation, could become a political liability in the midterm elections for his Republican Party in the swing state of Pennsylvania and other battleground states dependent on industrial manufacturing.

Trump said Sunday he wouldn't approve the deal if U.S. Steel did not remain under U.S. control and said it will keep its headquarters in Pittsburgh.

In an interview on Fox News Channel on Wednesday, Pennsylvania Republican Rep. Dan Meuser called the arrangement "strictly an investment, a strategic partnership where it's American-owned, American run and remains in America."

However, Meuser said he hadn't seen the deal and added that "it's still being structured."

Pennsylvania Republican Sen. David McCormick came out in favor of the plan, calling it "great" for the domestic steel industry, Pennsylvania, national security and U.S. Steel's employees. A bipartisan group of senators, joined by then-Senate candidate McCormick, had opposed Nippon Steel's initial proposed purchase of U.S. Steel for $14.9 billion after it was announced in late 2023.

In recent days, Trump and other American officials began touting Nippon Steel's new commitment to invest $14 billion on top of its $14.9 billion bid, including building a new electric arc furnace steel mill somewhere in the U.S.

Pennsylvania's other senator, Democrat John Fetterman -- who lives across the street from U.S. Steel's Edgar Thomson Steel Works blast furnace -- didn't explicitly endorse the new proposal. But he said he had helped jam up Nippon Steel's original bid until "Nippon coughed up an extra $14B."

The planned "golden share" for the U.S. amounts to three board members approved by the U.S. government, which will essentially ensure that U.S. Steel can only make decisions that'll be in the best interests of the United States, McCormick said Tuesday on Fox News.

Gov. Josh Shapiro, a Democrat who is seen as a potential presidential candidate, had largely refrained from publicly endorsing a deal but said at a news conference this week that he was "cautiously optimistic" about the arrangement.

In an interview published Thursday in the conservative Washington Examiner, Shapiro said: "The deal has gotten better. The prospects for the future of steelmaking have gotten better."

Chris Kelly, the mayor of West Mifflin, Pennsylvania, where U.S. Steel's Irvin finishing plant is located, said he was "ecstatic" about the deal, though he acknowledged some details were unknown. He said it will save thousands of jobs for his community.

"It's like a reprieve from taking steel out of Pittsburgh," he said.

___

Price reported from Washington. AP writer Yuri Kageyama in Tokyo contributed to this report.

Continue Reading...

Popular

How $2.80 Unlocks Luxury Real Estate - Ad

Luxury home prices are growing twice as fast as the broader market. Pacaso's luxury portfolio maximizes demand with a streamlined co-ownership platform. They've made $110M+ in gross profits already and recently reserved the Nasdaq ticker PCSO.

How To Earn $500 A Month From Broadcom Stock Ahead Of Q2 Earnings

Broadcom offers an annual dividend yield of 0.90% ($2.36 a year). To figure out how to earn $500 monthly, here's what you do.

AI Dominated Venture Capital In Q1 2025, Says JP Morgan Report

AI dominates venture capital market in Q1 2025, with AI-focused startups securing 30% of early-stage deals and 60% of late-stage capital.

Nvidia Is About to Shock the World: July 23rd - Ad

Jeff Brown, the tech legend who picked shares of Nvidia in 2016 before they jumped by more than 22,000%, is warning everyone to... Mark this date on your calendar: July 23rd! That's when Nvidia could help send shares of this Elon Musk supplier skyrocketing higher.

US Tariff Impact: Prices Surge At Walmart And Target, Employees Say—Some Jumps Top 38%

Tariffs imposed by President Trump are reportedly leading to significant price increases at Walmart and Target stores.

You Can Take a Stake in Elon's xAI Before July 1st... - Ad

Elon Musk's private AI firm xAI may have just leapfrogged ChatGPT and Google's Gemini--building what experts call the future of AI. For the first time, you can take a stake starting at $500.

Zscaler Shares Hit New 52-Week High: What's Driving The Momentum?

Zscaler Inc. (NASDAQ: ZS) shares are trading higher Monday on what appears to be continued momentum after the company posted better-than-expected fiscal third-quarter earnings and raised its full-year guidance last week.

Hedge Fund Legend Humiliates Bitcoin Traders - Ad

Larry Benedict made $274M on Wall Street for his fund. Now he's applying that same expertise to Bitcoin - showing how to potentially collect fast payouts like $4,898+ again and again... without owning crypto. No wallet. No bull run. Just one signal. One move. And it's all revealed for free.

Cathie Wood Dumps Another $5.2 Million Of Palantir Stock Amid Trump Administration-Linked Surveillance Controversy

On Wednesday, Cathie Wood's Ark Invest sold 40,035 shares of Palantir Technologies Inc, amidst controversy. They bought shares of Guardant Health Inc and Veracyte Inc.

Biggest Dividend Payout in U.S. History: $1 Trillion up for Grabs! - Ad

Trump just launched a $1 trillion National Investment Fund to replace income taxes and send direct payouts to Americans. You could claim up to $21,307--before the first public checks go out. This is historic. Act now to be first in line.

Top US universities raced to become global campuses. Under Trump, it's becoming a liability

WASHINGTON (AP) — Three decades ago, foreign students at Harvard University accounted for just 11% of the total student body. Today, they account for 26%.

The Most Important "AI Stock" You've Never Heard Of - Ad

The AI revolution is moving faster than anyone expected. But what no one is talking about is the one company AI simply can't exist without. It may be the single most important AI investment, yet most people don't even know its name. For now. The moment Wall Street catches on, this $20 stock could explode.

Supreme Court sides with Catholic Charities in religious-rights case over unemployment taxes

WASHINGTON (AP) — The decided Thursday that a Catholic charity doesn’t have to pay Wisconsin unemployment taxes, one of a set of religious-rights cases the justices are considering this term.

Millions Impacted by Data Breach To Receive Cash, Free Monitoring in $20 Million Deal

Victims of a substantial data breach are set to receive a portion of a $20 million settlement. Over five million affected users are in line to receive compensation for their losses.

Former Zillow Execs Target $1.3T Market - Ad

One co-founded Zillow. The other sold his company to Zillow for $125M. Now they're transforming a $1.3T market via co-ownership. Pacaso's already earned $110M+ in gross profit and reserved the Nasdaq ticker PCSO. But no need to wait.

Dow Futures Slip Over 100 Points After Trump Announces Doubling Steel Tariffs, Nikkei Down

U.S. Stock futures fell on Sunday evening, starting the new month on a sobering note, amid fresh steel and aluminum tariff concerns over the weekend.

UN, Iran and Egypt meet in Cairo to discuss Iran's nuclear program

CAIRO (AP) — Iranian, Egyptian and U.N. leaders met in Cairo on Monday to discuss Iran's nuclear program after a report from the U.N. nuclear watchdog agency said that Iran is of uranium enriched to near weapons-grade levels.

Technical Reversal Setting up for Security Microcap - Ad

A descending wedge, flat support, and insider buying. All signs point to a technical breakout on this C$0.35 AI stock.

Tesla Sales Hit 3-Year Low In This European Nation Despite Musk's Claims Of 'No Demand Problem'

Tesla is facing declining deliveries in many regions, with Europe being hit the hardest due to competition and CEO Elon Musk's political involvement.

Ford recalls nearly half a million 2016-17 Explorers due to door trim that can detach while driving

WASHINGTON (AP) — Ford is recalling nearly half a million older Explorer models because part of the door trim can detach while driving and cause a dangerous road hazard, U.S. auto safety regulators said Wednesday.

A Better Hedge Than Gold? - Ad

While the whole world is piling into gold as a hedge... White House documents reveal Trump is betting big on a completely under-the-radar resource. This little-known resource is minting 1,600 millionaires every single day... And investors have a rare opportunity to take advantage before everyone else catches on.

Ex Says Musk Told Her He Fathered Child With Japanese Pop Star, Said He Would Give Sperm To Anyone Who Wanted It

Elon Musk is alleged to have fathered a child with a Japanese pop star. The news, which surfaced on Friday, also includes Musk's offer to donate his sperm to "anyone."

House Republicans launch an all-nighter to try to pass Trump's big bill

WASHINGTON (AP) — Moving into an all-night session early Thursday, House Republicans reconvened to push ahead on their , with Speaker Mike Johnson defying the skeptics within his ranks and working to muscle priority bill to passage.

The Cross-Chain Giant Set for 1,000%+ Gains - Ad

This multi-chain protocol's volume is exploding while its price is still under the radar. Institutions are moving in fast-get our urgent report before retail wakes up.

Trump's Truth Social Files For Bitcoin ETF As Family Goes 'Seriously Long' On Crypto

The New York Stock Exchange submitted a Bitcoin (CRYPTO: BTC) exchange-traded filing Tuesday on behalf of Truth Social, the social media platform owned by President Donald Trump.

Elon's Greatest Invention... Hidden in South Memphis? - Ad

Tech legend Jeff Brown recently traveled to the industrial zone of South Memphis to investigate what he believes will be Elon's greatest invention ever... Yes, even bigger than Tesla or SpaceX.

Apple's AI Struggles To Keep Pace With Rivals Ahead Of WWDC 2025

As the Worldwide Developers Conference looms, Apple seems to be grappling to keep up with AI frontrunners such as OpenAI and Google, despite its best efforts.

World Economic Forum: "Arguably the Most Exciting Human Discovery Since Fire" - Ad

Sam Altman, Bill Gates, and Mark Zuckerberg are all investing vast sums of money into a radical technology. According to Bloomberg, this could become 10 times bigger than AI, quantum computing, electric vehicles, cryptocurrencies, and robotics combined. And one stock is at the center of it all.

The election of a Trump ally in Poland could alter EU and Ukraine policies

WARSAW, Poland (AP) — Poland has elected , a conservative historian and staunch nationalist, as its next president in a closely watched in the heart of Europe.

Buffett's Favorite Chart Just Hit 209% - Here's What That Means For Gold - Ad

Buffett's favorite market signal just hit its highest level in history-stocks are more overvalued than 1929. He's sitting on $325B in cash... and may be about to buy one overlooked gold miner. I've identified it-plus 4 others with up to 100X potential.

Warren Buffett Makes Over $2.2 Million A Day From This Stock

Warren Buffett's Berkshire Hathaway is set to earn $816 million in Coca-Cola dividends in 2025.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright activatrade.ca
Privacy Policy | Terms of Service