President Donald Trump appeared to approve a long-pending deal between U.S. Steel and its Japanese rival Nippon Steel on Friday, posting on his Truth Social account that there will be a “planned partnership” between the two companies.

A national security panel was divided in its recommendation to President Donald Trump on Nippon Steel 's bid for U.S. Steel but most panel members believe any security risks posed by the deal can be addressed,

Discussions with the U.S. government about Nippon Steel's planned purchase of U.S. Steel are in their "final stage," Nippon Steel President Tadashi Imai said at a press conference on Friday. "We are awaiting the final decision of President Trump,