Trump Seeks to Save U.S. Steel Deal, a Potential Trump Legacy.
President-elect Donald Trump says he can still save the U.S. Steel deal, which was scrapped by President Biden, aligning with his "America First" industrial policy that prioritizes domestic manufacturers over foreign ones.
In a surprising development, President-elect Donald Trump has expressed interest in reviving the US Steel deal, which was initially rejected by the incoming administration of President Joe Biden. As part of his America First industrial policy, Trump had promoted the importance of domestic manufacturers over foreign competitors, but had also shown willingness to make exceptions when necessary. The re-prioritization of the US Steel deal could be a significant reversal for Biden's administration and may signal a shift in its approach to trade policy under Trump's leadership. If successful, this move would provide a major boost to American steel production and industry.
