Nippon Steel on Wednesday confirmed that it had granted the U.S. a “golden share,” and said it also granted Washington the power to block production and jobs being transferred outside the U.S.

Nippon Steel announced in December 2023 that it planned to buy the steel producer for $14.9 billion in cash and debt, and committed to keep the U.S. Steel name and Pittsburgh headquarters.

Nippon Steel on Wednesday confirmed that it had granted the U.S. a “golden share,” and said it also granted Washington the power to block production and jobs being transferred outside the U.S.

U.S. Steel shares rally as Trump approves Nippon takeover with unique government ‘golden share' By Spencer Kimball, CNBC • Published June 16, 2025 • Updated on June 16, 2025 at 4:31 pm ...

Listen to this article The Blueprint Trump controls a “ golden share ” in Nippon’s $15B U.S. Steel buyout. Provision allows Trump to veto decisions on U.S. steel production.

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 ...

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 ...

U.S. Steel shares closed about 5% higher at $54.85. Trump issued an executive order on Friday that allowed U.S. Steel and Nippon to finalize their merger so long as they signed a national security ...

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 ...

A look at the 'golden share' agreement in the U.S. Steel-Nippon Steel partnership By Steve Inskeep Published June 18, 2025 at 5:04 AM EDT Listen • 4:20 ...

A look at the 'golden share' agreement in the U.S. Steel-Nippon Steel partnership By Steve Inskeep Published June 18, 2025 at 5:04 AM EDT ...

A look at the 'golden share' agreement in the U.S. Steel-Nippon Steel partnership By Steve Inskeep Published June 18, 2025 at 5:04 AM EDT Listen • 4:20 ...