Trump, U.S. Steel and Golden Share
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The U.S. Steel and Nippon deal continues to be a point of contention between labor and the presidential administration.
United States Steel Corporation (NYSE:X) is one of the 10 Hot Large Cap Stocks to Buy Now. On June 13, United States Steel Corporation (NYSE:X) announced that President Trump approved a $14.9 billion historic partnership between X and Nippon Steel,
The United Steelworkers Union has filed an official information request to U.S. Steel regarding a proposed partnership with Nippon Steel.
1hon MSN
President Trump on Friday cleared way for Nippon Steel purchase of U.S. Steel, including unusual control for the president.
The companies said they had entered into an agreement with the U.S. government to alleviate any national security concerns.
The U.S. Steel and Nippon deal continues to be a point of contention between labor and the presidential administration. President Trump is celebrating what he's calling a majority 51% American ownership.