President Trump allowed Nippon Steel to acquire U. S. Steel but only by framing it as a “partnership,” while national ...

"A golden share approach is both risky and unprecedented," said Jim Secreto, a former Treasury and Commerce official.

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 ...

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.

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 ...

"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 ...

Nippon Steel announced in December 2023 that it planned to buy the steel producer for $14.9 billion in cash and debt, and committed to keep the U.S. Steel name and Pittsburgh headquarters.

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 ...

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 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.