The $14 billion deal between U.S. Steel and Nippon Steel that President Donald Trump announced Friday, along with a sharp increase in aluminum and steel tariffs, shows that it’s a “fabulous time to be leaning into American manufacturing,” Drew Greenblatt, CEO of Marlin Steel, told Newsmax Saturday. 

“I’m very optimistic about American manufacturing,” Greenblatt, appearing with financial markets economist John Lonski, the president of the Lonski Group, told Newsmax’s “America Right Now.” “I’m very optimistic about what’s going to happen with global, with our reindustrialization as a nation.”

And the U.S. Steel-Nippon deal means that the Japanese company will invest $14 billion into new technology in American steel mills, making them more effective, efficient, and productive, said Greenblatt.

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