President Trump announced Friday he'll double steel tariffs from 25% to 50% during a visit at a U.S. Steel mill in the Pittsburgh area.

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.

The U.S. government will have veto power over key decisions relating to U.S. Steel , as part of a deal with Nippon Steel that would approve the Japanese firm's bid for the well-known American steel company,

Mr. Trump celebrated what he calls a partnership between U.S. Steel and Japan-based Nippon on Friday, sharing details about commitments in the partnership and increased tariffs on imported steel.

President Donald Trump touts Nippon Steel’s partnership with U.S. Steel, calling it “a blockbuster agreement" that ensures the company “stays an American company."

Experts, lawmakers, and industry people—alongside Canadian officials—have issued stark warnings about Trump's plan.

Modified agreement keeps American control while securing Japanese investment, despite previous opposition from Trump and GOP senators.