U.S. Steel and Japan’s Nippon Steel announced Wednesday morning that they have entered into a historic agreement together, days after President Donald Trump approved the merger. The $14.1 billion deal is expected to create more than 100,

The acquisition follows guidelines OK’d by President Trump in May, which gives him and the government strong oversight of the company’s leadership.

HARRISBURG, Pa. (AP) — Nippon Steel and U.S. Steel said Wednesday they have finalized their “historic partnership,” a deal that gives the U.S. government a say in some matters and comes a year-and-a-half after the Japanese company first proposed its nearly $15 billion buyout of the iconic American steelmaker.