U.S. Steel, Donald Trump and Nippon
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President Donald Trump would have unique influence over the operations of U.S. Steel under the terms of the investment being made by Nippon Steel
U.S. Steel shares rose about 5% in premarket trading Monday after President Donald Trump approved its merger with Japan’s Nippon Steel, according to CNBC. Trump issued an executive order Friday allowing the merger to proceed if the companies signed a national security agreement with the U.
President Trump signs executive order allowing U.S. Steel partnership with Japan's Nippon Steel, with an $11 billion investment commitment.