Trump said earlier this week that the government's golden share would give the United States "51% ownership" and "total control" over U.S. Steel, but Japanese news outlet Nikkei Asia quoted an ...

In February, Trump said that Nippon Steel would look to invest in U.S. Steel, rather than own the iconic American company. Trump doubled U.S. tariffs on steel imports to 50% on June 4.

It's still unclear how much involvement Nippon Steel has in that partnership. The "golden share" means Americans would have a 51% share in ownership of the company, according to Trump.

US Steel was once a symbol of American industrial power. It was the most valuable company in the world and, soon after its 1901 creation, became the first to be worth $1 billion.

Tariff Hike Rattles the U.S. Stainless Steel Market In a move few saw coming, President Trump doubled Section 232 tariffs on steel and aluminum imports from 25% to 50%.

A version of this article appears in print on , Section A, Page 23 of the New York edition with the headline: ‘Partnership’ Set, U.S. Steel and Nippon Steel Say, After More Than Year.

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.

Even as the Punjab Cabinet also gave ex-post facto approval for the constitution of the high-powered cabinet sub-committee to intensify the ‘War on Drugs’ program, the Congress party came down ...

The Canned-Food Aisle Is Getting Squeezed by Rising Steel Tariffs Steel used in cans is mostly imported—and subject to the Trump administration’s new 50% levy By Bob Tita Share Resize ...

It was a traffic challan notification from Punjab Police. For Tilak, it wasn't just a fine he needed to pay. It was the first clue to his stolen bike's whereabouts.

TOKYO -- U.S. President Donald Trump has reversed former President Biden's decision to block Nippon Steel's acquisition of U.S. Steel, marking a major milestone in protracted efforts to seal the ...

President Trump, during a visit to a U.S. Steel mill in Pittsburgh on May 30, announced he was doubling down on that rate, raising the 25% levies to 50%. The higher tariffs went into effect ...