U.S. Steel, Trump
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President Trump on Friday cleared the way for Japan-based Nippon Steel to potentially acquire U.S. Steel, though details about the structure of the deal — including a possible "golden share" held by the federal government — remain unclear.
US Steel (NYSE:X) +0.8% in Thursday's trading after President Trump said the U.S. government will retain a "golden share" in the company after its purchase by Japan's Nippon Steel (OTCPK:NISTF) (OTCPK:NPSCY),
1don MSN
President Donald Trump signed an executive order paving the way for a Nippon Steel investment in U.S. Steel, so long as the Japanese company complies with a “national security agreement” submitted