Stock price soared over 21%! Trump supports U.S. Steel (X.US) to establish a partnership with Nippon Steel.

According to the Wise Finance APP, US President Trump announced that US Steel (X.US) will establish a "planned partnership" with Nippon Steel. As soon as the news broke, the stock price of US Steel soared by 21.24% in the Friday evening session, reaching a new high in over a decade at $52.01 per share. The stock has accumulated a total increase of over 45% in the past year.