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Nippon Steel completes its purchase of U.S. Steel after more than a year and half of high-stakes negotiations and national security concerns.
A national security agreement gives Trump the authority to name a board member as well as a non-economic golden share.
U.S. Steel’s so-called “partnership” with Nippon appears to be nearing its end after about 18 months after it was announced.
20don MSN
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 American steelmaker U.
Trump administration offers some details of how it would control US Steel, but union raises concerns
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.
United States President Donald Trump will control a ‘golden share’ under a national security agreement that allows Japanese giant Nippon Steel to acquire US Steel. We explain what the provisions ...
"A golden share approach is both risky and unprecedented," said Jim Secreto, a former Treasury and Commerce official.
According to Trump, “We have a golden share, which I control or the President controls. Now, I am concerned whoever the ...
Nippon Steel had been trying to close the purchase of US Steel since December 2023. The Biden administration halted it over national security concerns and an 18-month purgatory followed.
The leader of the Republican Party, which has governed on and off since the 1980s, promising to get the government off the backs of the American people, has decided that the steel industry of the ...
It also forced Nippon Steel to expand the deal, including adding a so-called “golden share” provision that gives the federal government the power to appoint a board member and a say in company ...
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