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Trump's 'Golden Share' in U.S. Steel

TOKYO, JAPAN, AUG 3 – Nippon Steel forecasts a fiscal loss of about $265 million due to share sale losses and acquisition costs despite adding nine months of U.S. Steel earnings, executives said.

Summary by Npr
The iconic American company, U.S. Steel was sold to Nippon Steel in Japan earlier this summer. The terms of the deal give President Trump an outsized say in the future of U.S. Steel.

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  • 100% of the sources lean Left
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Japan Today broke the news in Sakado, Japan on Sunday, August 3, 2025.
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