Cabot Phillips

So the deal seemed dead in the water. But over the weekend, President Trump announced that after long negotiations, Nippon had agreed to a merger that would preserve American ownership of U.S. Steel. Specifically, moving forward, the majority of the company's board must be American citizens, while C-suite employees, including the CEO, must be American as well. And the U.S.

So the deal seemed dead in the water. But over the weekend, President Trump announced that after long negotiations, Nippon had agreed to a merger that would preserve American ownership of U.S. Steel. Specifically, moving forward, the majority of the company's board must be American citizens, while C-suite employees, including the CEO, must be American as well. And the U.S.

government itself will still hold a golden share, as they're calling it, giving them veto power over key decisions for U.S. Steel. Here's President Trump making that announcement in Pennsylvania this weekend.

government itself will still hold a golden share, as they're calling it, giving them veto power over key decisions for U.S. Steel. Here's President Trump making that announcement in Pennsylvania this weekend.

As part of the agreement, Nippon will now invest $14-plus billion into new steel facilities in Indiana, Arkansas, Minnesota, and Alabama. Some estimates say the deal could result in 150,000 new jobs for Americans. Wow. And according to Trump, every U.S. steel employee will also receive a $5,000 bonus.

As part of the agreement, Nippon will now invest $14-plus billion into new steel facilities in Indiana, Arkansas, Minnesota, and Alabama. Some estimates say the deal could result in 150,000 new jobs for Americans. Wow. And according to Trump, every U.S. steel employee will also receive a $5,000 bonus.

As part of his effort to protect American steel manufacturing more broadly, Trump also announced that he would be doubling the tariff on foreign steel imports from 25% to 50%, a move that was, as you can imagine, very popular with the steel workers he spoke to in Pennsylvania.

As part of his effort to protect American steel manufacturing more broadly, Trump also announced that he would be doubling the tariff on foreign steel imports from 25% to 50%, a move that was, as you can imagine, very popular with the steel workers he spoke to in Pennsylvania.

Yeah, this time last month, amid tariff uncertainty and fears of a recession, President Trump's numbers were on the decline. falling on average to 45% approval and 52% disapproval. So he was seven points underwater. But following this flurry of trade deals we've seen and encouraging jobs and inflation reports, he is gaining ground fast.

Yeah, this time last month, amid tariff uncertainty and fears of a recession, President Trump's numbers were on the decline. falling on average to 45% approval and 52% disapproval. So he was seven points underwater. But following this flurry of trade deals we've seen and encouraging jobs and inflation reports, he is gaining ground fast.

He's now less than two points underwater with a 48% average approval rating. That's higher than at any point in his entire first term. Remember, when Trump left office last term, he was more than 20 points underwater. So a remarkable turnaround. Perhaps more importantly, nearly 44% of Americans now say the country is on the right track.

He's now less than two points underwater with a 48% average approval rating. That's higher than at any point in his entire first term. Remember, when Trump left office last term, he was more than 20 points underwater. So a remarkable turnaround. Perhaps more importantly, nearly 44% of Americans now say the country is on the right track.

For context, over the last three years, the percentage of people saying we were going in the right direction never climbed out of the 20s. That current number of 44% actually marks the highest number we've seen since President Obama's inauguration back in 2009. Wow. Elsewhere, we also saw signs that Americans are more optimistic about the economy following these trade deals.

For context, over the last three years, the percentage of people saying we were going in the right direction never climbed out of the 20s. That current number of 44% actually marks the highest number we've seen since President Obama's inauguration back in 2009. Wow. Elsewhere, we also saw signs that Americans are more optimistic about the economy following these trade deals.

To that point, consumer confidence rose 12 points in May. That's the largest one-month increase in four years.

To that point, consumer confidence rose 12 points in May. That's the largest one-month increase in four years.

President Trump faces setbacks on tariffs and Harvard and sets a peace deadline for Putin.

President Trump faces setbacks on tariffs and Harvard and sets a peace deadline for Putin.

I'm Daily Wire executive editor John Bickley with Georgia Howe. It's Friday, May 30th, and this is Morning Wire.

I'm Daily Wire executive editor John Bickley with Georgia Howe. It's Friday, May 30th, and this is Morning Wire.