U.S. Steel, Trump
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The U.S. government may hold some of U.S. Steel's shares as part of a deal to allow Japan's Nippon Steel to acquire the American steelmaker, Kyodo reported on Tuesday.
The arrangement will guarantee an American CEO, a majority of board members from the U.S. and government approval over certain corporate functions, Sen. Dave McCormick says.
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Tampa Free Press on MSNTrump Forges Mega-Deal: U.S. Steel & Nippon To Create 70,000 Jobs, Overturning Biden’s BlockadePresident Donald Trump announced his endorsement of a "planned partnership" between U.S. Steel and Japan's Nippon Steel on Friday, a deal he claims will be the largest economic investment in Pennsylvania's history,