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President Donald Trump said Thursday that the U.S. will have a “golden share” in U.S. Steel
after its deal with Japan’s Nippon Steel closes.
“We have a golden stock. We have a golden share, which I control, or the president controls,” Trump told reporters in the East Room of the White House. “That gives you total control.”
Trump said Americans would have 51% ownership of U.S. Steel without providing details on how the deal is structured.
