U.S. Steel, Trump
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President Donald Trump would have unique influence over the operations of U.S. Steel under the terms of the investment being made by Nippon Steel
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.
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.
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.