Business dealsUS will have 'golden share' in U.S. Steel after Nippon deal, Trump says
President says US will have '51% ownership' in company but offers few details
Finished coils at U.S. Steel's Irvin Plant in West Mifflin, Pennsylvania. (U.S. Steel photo)
RYOHEI YASOSHIMA
June 13, 2025 02:01 JST
Updated on June 13, 2025 05:17 JST
WASHINGTON -- The U.S. will have "a golden share" in U.S. Steel following its acquisition by Japan's Nippon Steel, President Donald Trump said on Thursday, stressing the arrangement will give the government management control over the American steelmaker.