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President Trump allowed Nippon Steel to acquire U. S. Steel but only by framing it as a “partnership,” while national ...
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With his ‘golden share’ in U.S. Steel, Trump turns to a ... - MSNNippon 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.
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 ...
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.
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Nippon Steel finalises US Steel takeover, with a golden caveat - MSN"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 ...
Shares of U.S. Steel rose 5% on Monday to hit $54.85 a share, approaching Nippon Steel's $55 per share offer price, as investors bet the Japanese firm's fraught $14.9-billion bid for the ...
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 ...
A look at the 'golden share' agreement in the U.S. Steel-Nippon Steel partnership By Steve Inskeep Published June 18, 2025 at 5:04 AM EDT ...
Nippon Steel considers "golden share" for U.S. government veto power in $28B U.S. Steel acquisition, addressing national security concerns.
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.
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