US will have ‘golden share’ in U.S. Steel after Nippon deal, Trump says

US will have 'golden share' in U.S. Steel after Nippon deal, Trump says US will have 'golden share' in U.S. Steel after Nippon deal, Trump says

WASHINGTON — The U.S. will have “a golden share” in U.S. Steel following its acquisition by Japan’s Nippon Steel, President Donald Trump said on Thursday, stressing the arrangement will give the government management control over the American steelmaker.

“We have a golden stock,” Trump said. “We have a golden share, which I control, or president controls.”