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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.
Nippon Steel completes its purchase of U.S. Steel after more than a year and half of high-stakes negotiations and national security concerns.
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.
A national security agreement gives Trump the authority to name a board member as well as a non-economic golden share.
Nippon Steel offered Washington a "golden share," which gives the government oversight over some decisions, to get approval for its takeover of U.S. Steel.
Tokyo-based Nippon Steel now fully owns U.S. Steel, but the federal government has a say over matters like keeping plants ...
U.S. Steel’s so-called “partnership” with Nippon appears to be nearing its end after about 18 months after it was announced.
According to Trump, “We have a golden share, which I control or the President controls. Now, I am concerned whoever the ...
"A golden share approach is both risky and unprecedented," said Jim Secreto, a former Treasury and Commerce official.