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Nippon-US Steel deal gets Trump's nod: HQ to remain in Pittsburgh; 'golden share' gives US final say on key decisions

IndiaTimes Sunday, 15 June 2025 ()
US Steel's collaboration with Nippon Steel has received approval after national security assurances were confirmed, retaining the "golden share" benefit. Former President Trump endorsed the partnership through an executive order, following a review by CFIUS. The agreement includes significant investments in US steelmaking and job protection.
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News video: Trump LOWERS Tariffs on UK As Trade Deal Sealed, But Steel & Aluminum Tensions THREATEN Fallout

Trump LOWERS Tariffs on UK As Trade Deal Sealed, But Steel & Aluminum Tensions THREATEN Fallout 03:02

 At the G7 Summit in Canada, President Trump and British PM Keir Starmer announced a new trade agreement lowering some tariffs on U.K. goods. The deal removes duties on aerospace products and offers British carmakers a 100,000-vehicle quota at reduced rates. However, steel and aluminum remain sticking...

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