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 ...

"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 ...

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.

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 ...

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.

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.

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.

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.