In June, the White House announced it had acquired a “golden share” in Pittsburgh-based United States Steel Corp. as part of ...

August 18th, NYC. Get your tickets here. When news broke that a Japanese company, Nippon Steel, was buying the storied American steel company U.S. Steel, it was still 2023, just before an election.

"President Trump has secured a perpetual Golden Share as part of Nippon Steel's acquisition of US Steel," US Secretary of Commerce Howard Lutnick wrote in a social media post on X.

Nippon Steel announced in December 2023 that it planned to buy the steel producer for $14.9 billion in cash and debt, and committed to keep the U.S. Steel name and Pittsburgh headquarters.

An explosion at a U.S. Steel plant south of Pittsburgh killed two people and injured 10 others on Monday morning.

A look at the 'golden share' agreement in the U.S. Steel-Nippon Steel partnership By Steve Inskeep Published June 18, 2025 at 5:04 AM EDT ...

Nippon Steel had to make that concession, which will allow the Trump administration to enforce other promises that Nippon made, like investing $14 billion in U.S. Steel.

NPR speaks with Todd Tucker, director of industrial policy and trade at the Roosevelt Institute, about the Trump administration's role in the U.S. Steel-Nippon Steel partnership.