TOKYO/NEW YORK -- The Trump administration has blocked a plan by Nippon Steel to halt the operation of a U.S. Steel plant, invoking its "golden share" in the American steelmaker to intervene.
Administration's 'golden share' blocks US Steel's post-merger restructuring

Washington holding a 'golden share' in U.S. Steel was part of negotiations for Nippon Steel to acquire the company. (Source photos by AP)
TOKYO/NEW YORK -- The Trump administration has blocked a plan by Nippon Steel to halt the operation of a U.S. Steel plant, invoking its "golden share" in the American steelmaker to intervene.