U.S. Steel, Trump and Golden Share
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The Trump administration will soon ensure that its 50% steel tariffs, which have threatened to make everything containing steel more expensive, will apply to your next fridge or dishwasher.
President Trump’s foray into the takeover could reshape the future of foreign investment in the United States.
Nippon Steel Corp. won conditional US approval for its $14.1 billion purchase of United States Steel Corp., capping a lengthy saga in a tie-up that will create one of the world’s largest steel companies.
President Trump signs executive order allowing U.S. Steel partnership with Japan's Nippon Steel, with an $11 billion investment commitment.
The costs include the promise to invest US$14 billion over coming years and significant concessions to US government. Read more at straitstimes.com. Read more at straitstimes.com.
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President Trump on Friday cleared the way for Japan-based Nippon Steel to potentially acquire U.S. Steel, though details about the structure of the deal — including a possible "golden share" held by the federal government — remain unclear.
1don MSN
WASHINGTON (AP) — President Donald Trump on Friday signed an executive order paving the way for a Nippon Steel investment in U.S. Steel, so long as the Japanese company complies with a “national security agreement” submitted by the federal government. Trump’s order didn’t detail the terms of the national security agreement.
An egg cracked into some simmering butter in the Mineral B slid around comically the way they do in those late-night nonstick infomercials—not even a hint of sticking. The fried egg in the Blue Carbon pan stuck in some spots, though with a little work I still got it to release from the pan with a nice bit of browning along the bottom.
By Alexandra Alper (Reuters) -Shares of U.S. Steel dipped after a Nippon Steel executive told the Japanese Nikkei newspaper that its planned takeover of the company required "a degree of management freedom" to go ahead,