President Donald Trump signed an executive order allowing the Japanese company Nippon Steel to acquire U.S. Steel, provided it adheres to a new national security agreement. The agreement includes a 'golden share' feature, which gives the U.S government veto power over key company decisions related to national security, marking a significant shift in policy for U.S foreign investment and a diplomatic victory for U.S-Japan relations.
In a dramatic policy pivot, President Donald Trump signed an executive order on June 13, 2025, clearing the path for Nippon Steel’s acquisition of U.S. Steel. Trump’s approval, however, is conditional: the Japanese steel giant must comply with a newly dra...
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