According to sources, Nippon Steel and US Steel are currently engaged in discussions to finalize a deal that would fortify their $14 billion merger and result in substantial investments from Nippon Steel into US Steel's Rust Belt facilities. Recent talks with White House officials have revealed that Nippon Steel is willing to significantly raise its initial $2.7 billion proposal for upgrading US Steel plants, with some speculating the offer could potentially reach $7 billion. While President Trump had initially resisted the idea of a US Steel sale, he signaled a shift in position during a press conference in February, suggesting openness to Nippon Steel's strategic investment.