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Trump approves US Steel-Nippon deal, gets 'golden share'

Acquisition rumoured to close this week

Isabeau van Halm
US president Donald Trump visits an US Steel plant in Pennsylvania on May 30, 2025.

US president Donald Trump visits an US Steel plant in Pennsylvania on May 30, 2025. | Credits: Official White House photo by Daniel Torok

US President Donald Trump signed an executive order on Friday to approve the takeover of US Steel by Nippon Steel. Though the order said that the deal could threaten impairment to US national security,...

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