The Trump administration will soon ensure that its 50% steel tariffs, which have threatened to make everything containing steel more expensive, will apply to your next fridge or dishwasher.

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 President Donald Trump's administration.

His approval capped a tumultuous 18-month effort that survived union opposition and two national security reviews.

The move is one of the first times this year that consumer products were specifically targeted with higher import taxes.

WASHINGTON (Reuters) -A U.S. Appeals court on Friday extended a pause in litigation between Nippon Steel and the Trump administration as the two sides put the finishing touches on an agreement that would allow the Japanese steelmaker to acquire U.S. Steel.

U.S. President Donald Trump said on Thursday the United States had a "golden share" in U.S. Steel as part of a deal for Nippon Steel to buy the iconic American company.

Trump claimed that as part of a "golden share" ownership stake in U.S. Steel, Americans will own 51% of the company, but what that meant is unclear.