President Trump allowed Nippon Steel to acquire U. S. Steel but only by framing it as a “partnership,” while national ...

US Steel (NYSE:X) +1.2% in early trading Tuesday after President Trump appeared to award conditional approval on Friday for Nippon Steel's (OTCPK:NPSCY) (OTCPK:NISTF) takeover that he described as ...

HARRISBURG, Pa. (AP) — President Donald Trump will control the so-called “golden share” that’s part of the national security agreement under which he allowed Japan-based Nippon Steel to buy out iconic ...

US Flexes Golden Share in Nippon Merger With US Steel. Sean Craig . Tue, Jun 17, 2025, 3:30 AM 3 min read. ... Nippon Steel had been trying to close the purchase of US Steel since December 2023.

Nippon Steel announced in December 2023 that it planned to buy the steel producer for $14.9 billion in cash and debt, and committed to keep the U.S. Steel name and Pittsburgh headquarters.

Trump holds veto power in Nippon’s U.S. Steel deal under a "golden share" provision, affecting plant closures, trade, jobs, and domestic steel production.

According to Trump, “We have a golden share, which I control or the President controls. Now, I am concerned whoever the President might be, but that gives you total control.” The deal requires the ...

This week, the Trump administration celebrated a major victory for American industrial policy: the Nippon Steel acquisition of U.S. Steel. The deal was restructured to include a “golden share ...

"A golden share approach is both risky and unprecedented," said Jim Secreto, a former Treasury and Commerce official.

The partnership between US Steel and Nippon Steel has reached a new phase, with an agreement on US national security guarantees, in addition to the so-called "golden share" advantage obtained ...

Nippon Steel considers "golden share" for U.S. government veto power in $28B U.S. Steel acquisition, addressing national security concerns.