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

"President Trump has secured a perpetual Golden Share as part of Nippon Steel's acquisition of US Steel," US Secretary of Commerce Howard Lutnick wrote in a social media post on X.. He added that ...

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 ...

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.

President Trump's executive order on Friday clearing the way for Japan-based Nippon Steel to potentially buy U.S. Steel comes with an unusual corporate twist called a "golden share." As part of ...

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.

Nippon Steel on Wednesday confirmed that it had granted the U.S. a “golden share,” and said it also granted Washington the power to block production and jobs being transferred outside the U.S.

"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 had to make that concession, which will allow the Trump administration to enforce other promises that Nippon made, like investing $14 billion in U.S. Steel.

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 ...