Trump says U.S. has a "golden share" in US Steel
ReutersJun 12, 2025 4:33 PM
WASHINGTON, June 12 (Reuters) - U.S. President Donald Trump on Thursday said the United States has a "golden share" in U.S. Steel X.N, as part of a deal for Nippon Steel 5401.T to buy the iconic American company for $14.9 billion.
It was not immediately clear what structural element of the deal Trump was referring to, but he said the share meant that Americans would have a 51% ownership in the American steelmaker.
Nippon Steel and U.S. Steel did not immediately respond to requests for comment.
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