Trump now wields sweeping veto power over U.S. Steel. Here's how the 'golden share' works
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President Donald Trump approved the merger of U.S. Steel with Japan's Nippon Steel only after the companies accepted the "golden share" arrangement.
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Nippon Steel
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5 months ago
Japan’s Nippon Steel closes its takeover of rival US Steel
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a story from Financial Times ✅ › Financial Times
Donald Trump approved the deal last week after White House was offered a golden share
U.S. Steel shares rally as Trump approves Nippon takeover with unique government 'golden share'
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U.S. Steel and Japan's Nippon Steel said Trump had approved their merger after they signed a national security agreement with the U.S. government.
Trump signs executive order to clear way for Nippon-US Steel deal
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a story from The Guardian ⚠️ › International
Companies hail ‘historic partnership’ to bring ‘massive investment’ but details of agreement remain unclear
Donald Trump on Friday signed an executive order paving the way for a Nippon Steel investmen…
Trump approves U.S. Steel merger with Japan’s Nippon after companies sign national security agreement
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President Donald Trump issued an executive order on Friday approving U.S. Steel's merger with Japan's Nippon Steel, after the companies signed a national security agreement with the U.S. government.
6 months ago
Trump hails Nippon Steel as 'great partner' as deal awaits approval
U.S. President Donald Trump on Friday lauded an "agreement" between Nippon Steel and U.S. Steel but stopped short of approving the sensitive merger.
Trump announces 50% steel tariffs and hails ‘blockbuster’ deal with Japan
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a story from The Guardian ⚠️ › International
President tells Pennsylvania rally tariffs will aid workers but questions raised over nature of Nippon Steel investment
Donald Trump announced on Friday he was doubling foreign tariffs on steel import…
Trump says US will lift steel tariffs to 50 percent at Pennsylvania rally
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a story from Al Jazeera 🚨 › Al Jazeera English
In his campaign-style speech, Trump also hailed a 'blockbuster agreement' between Japan's Nippon Steel and US Steel.
Trump will hold a rally at U.S. Steel as investors seek clarity on Nippon deal. Here’s what we know
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President Trump will hold a rally Friday at a U.S. Steel plant near Pittsburgh, one week after signaling he had cleared a merger with Japan's Nippon Steel.
US Steel shares soar on Trump’s apparent blessing for deal with Nippon
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a story from Al Jazeera 🚨 › Al Jazeera English
Investors interpreted Trump's comments to mean Nippon Steel had received his approval for its takeover.