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President Trump allowed Nippon Steel to acquire U. S. Steel but only by framing it as a “partnership,” while national ...
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 ...
Nippon Steel Corp.’s acquisition of U. S. Steel required nerves of steel, which Eiji Hashimoto, the company’s chairman and ...
Nippon Steel has successfully acquired U.S. Steel after an 18-month process, with the deal now including concessions such as ...
HARRISBURG, Pa.--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 ...
By Exec Edge Editorial Staff This week, the Trump administration celebrated a major victory for American industrial policy: the Nippon Steel acquisition of U.S. Steel. The deal was restructured to ...
Trump holds veto power in Nippon’s U.S. Steel deal under a "golden share" provision, affecting plant closures, trade, jobs, and domestic steel production.
It's still unclear how much involvement Nippon Steel has in that partnership. The "golden share" means Americans would have a 51% share in ownership of the company, according to Trump.
Japanese steel company Nippon Steel has finalised its $14.9 billion acquisition of US Steel, a deal that faced resistance under President Biden but gained approval after a national security ...
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 ...
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 ...
The partnership between US Steel and Nippon Steel has reached a new phase, with an agreement on US national security guarantees, in addition to the so-called "golden share" advantage obtained by ...