U.S. Steel, Trump and Nippon
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President Donald Trump issued an executive order on Friday officially giving the green light to Nippon Steel Corporation's multi-billion-dollar purchase of U.S. Steel Corporation.
Trump claimed that as part of a "golden share" ownership stake in U.S. Steel, Americans will own 51% of the company, but what that meant is unclear.
President Donald J. Trump has just scored one of the most consequential economic victories of the 21st century.