U.S. Steel, Trump and Golden Share
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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.
President Trump’s foray into the takeover could reshape the future of foreign investment in the United States.
Nippon Steel Corp. won conditional US approval for its $14.1 billion purchase of United States Steel Corp., capping a lengthy saga in a tie-up that will create one of the world’s largest steel companies.
The first concern will be financing, necessary to fund both the all-cash acquisition and the promised investments, which range from upgrades to existing plants to a new steel mill
President Trump signs executive order allowing U.S. Steel partnership with Japan's Nippon Steel, with an $11 billion investment commitment.
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President Trump on Friday cleared the way for Japan-based Nippon Steel to potentially acquire U.S. Steel, though details about the structure of the deal — including a possible "golden share" held by the federal government — remain unclear.
2don MSN
President Donald Trump has signed an executive order paving the way for a Nippon Steel investment in U.S. Steel, so long as the Japanese company complies with a “national security agreement” submitted
The companies said they had entered into an agreement with the U.S. government to alleviate any national security concerns.