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President Trump says his plan to double tariffs on foreign steel and aluminum will take effect next week.
Trump announced a hike during a visit to Pittsburgh yesterday to promote a deal with Japan's Nippon Steel that he says will ensure the future of U.S. steel corporation and steelmaking in the region,
as NPR's Don Gagne reports.
Flanked by steel workers and local officials,
Trump said Nippon Steel has promised a $14 billion investment.
with modernization of blast furnaces,
a U.S. CEO and a majority U.S. board of directors for U.S.
Steel.
It includes vital protections to ensure that all steel workers will keep their jobs and all facilities in the United States will remain open and thriving.
The president cited a commitment to full capacity for at least a decade.
The full agreement has not been released.
Local union leaders praised the news,
but the International United Steelworkers Organization has been critical,