Nippon Steel Corp. and United States Steel Corp. are on pace to finalize their $14.1 billion combination with US President Donald Trump’s administration ahead of a deal deadline later this month, capping an 18-month saga to combine the steelmakers into the world’s second-largest producer.

US Steel (NYSE:X) and Nippon Steel (OTCPK:NISTF) (OTCPK:NPSCY) are on pace to finalize their $14B merger, as talks on the deal between the companies and the Trump administration are ongoing and expected to reach a conclusion before a June 18 deal deadline,

B investment, job security, and higher tariffs on imported steel — and the impact can reach Alabama. Here's the latest on the U.S. Steel, Nippon Steel acquisition deal © 2025 American City Business Journals.

Trump's increased steel tariff could lead to you paying more for appliances and cars, while impacting ports in Philadelphia and Wilmington.

Consumers are watching what effect President Trump's tariffs will have on homebuilding, as Trump doubled down on steel import taxes.