U.S. Steel, Donald Trump and Nippon
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President Donald Trump issued an executive order on Friday officially giving the green light to Nippon Steel Corporation's multi-billion-dollar purchase of U.S. Steel Corporation.
The two steel companies list “a golden share to be issued to the U.S. government” among the aspects of what they call a partnership agreement.
US Steel's collaboration with Nippon Steel has received approval after national security assurances were confirmed, retaining the "golden share" benefit. Former President Trump endorsed the partnership through an executive order,