What is the golden share, and why does it matter Under the agreement inked with the Trump administration, the golden share gives Washington the authority to veto any relocation of US Steel’s ...

U.S. President Donald Trump walks with workers as he tours United States Steel Corp.'s Mon Valley Works-Irvin plant in West ...

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.

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 ...

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.

The two steel companies list “a golden share to be issued to the U.S. government” among the aspects of what they call a partnership agreement. A 270-word press release from U.S. Steel and NSC is ...

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 ...

Nippon Steel had to make that concession, which will allow the Trump administration to enforce other promises that Nippon made, like investing $14 billion in U.S. Steel.

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 ...

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 ...