U.S. government to have control in Nippon Steel-U.S. Steel deal, Trump and McCormick say

U.S. government to have control in Nippon Steel-U.S. Steel deal, Trump and McCormick say

May 27, 2025 / Swedan Margen /

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U.S. government to have control in Nippon Steel-U.S. Steel deal, Trump and McCormick say
U.S. Sen. David McCormick said Tuesday that an arrangement that will allow Japan-based Nippon Steel to invest in U.S. Steel will guarantee an American CEO, a majority of board members from the United States and U.S. government approval over certain corporate functions.

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