US 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

20250612N Steel coils of US Steel

Finished coils at U.S. Steel's Irvin Plant in West Mifflin, Pennsylvania. (U.S. Steel photo)

RYOHEI YASOSHIMA

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.

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