Trump clears path for Nippon Steel investment in U.S. Steel, so long as it fits the government's terms

Great result for all parties, as Nippon Steel could have also opted to build their own US production without any partners, exactly like their South Korean are now doing in order to avoid US avoid tariffs, receive tax $benefits etc.

Great result for all parties, as Nippon Steel could have opted to build their own US production without partners, exactly like their South Korean competitors now doing in order to avoid US tariffs, receive tax $benefits, etc.

Might be better to put on hold until America gets a President thats not a convicted criminal egomaniac in his dotage.

Trump on Friday cleared the way for Japan-based Nippon Steel to potentially acquire U.S. Steel, though details about the structure of the deal — including a possible "golden share" held by the federal government — remain unclear.  Trump again talking out his rear end. He statement as the hallmark of insider trading scam. Trump is a criminal, he has done this multiple time since taking office.

To many ifs, buts, wrinkles, for such an early investment.

Trump trade tariff policies with Japan are one wrinkle, another is the undecided on-going negotiations with the government of China/EU, which could collapse with global repercussions.

Then, the what ifs?

It is impossible to predict future US political environment/leadership beyond Trump presidency.

The Japanese government/Nippon steel must consider a suitable escape route.  

This whole Nippon Steel investment in U.S. Steel reeks to high heaven, “national security agreement” terms?

Another what if, is a failure for the Japanese government Trump administration to reach equitable tariff trade terms. 

Stall, wait to see if the global trade clouds clear.

The Steel (and Aluminum) industry in the US worships Trump, because without tariffs back in Trump 1.0, the steel (and Aluminum) dumping taking place in the US by foreign competitors, would have wiped them out.

Trump's one of world's richest, thus no need or desire to try to profit from insider trading. Role as POTUS, infinitely more important and historical than making lousy $buck.

Saving US Steel and Aluminum industry, just two examples of his influence and power to help fuel US re-industrialization, economic growth, national security etc.

US Re-industrialization, one key to Trump's re-inventing the Republican Party, expanding the tent to include strong majorities of US working class, unions, and middle-class from every color, creed, race and religion

Still waiting to hear what this mysterious "Golden Share" is all about. It's been reported that it has nothing to do with Equity, Which I think would have to be a first for any "share".

Nevertheless, now US steel will continue to exist and not get wiped out by Chinese competition.

Understanding is the Golden Share allows the Govt. to maintain absolute control over the Board of Directors and all the decisions made by the Board, nothing to do with 'equity' per say. So, it's pure power, Trump style.

Japan should've stuck with either we buy it and own it or you guys go on down the tubes like you were headed.

Being only a partial owner w/ the Orange Crackpot behind the Curtain holding some Golden Share is only going to have a bad outcome.

Japan should've stuck with either we buy it and own it or you guys go on down the tubes like you were headed.

Being only a partial owner w/ the Orange Crackpot behind the Curtain holding some Golden Share is only going to have a bad outcome.

Bad outcome for Nippon Steel was being shut out of the US market. Again, NS choose to partner with US Steel, rather than set up a fully owned US based subsidiary like the South Korean Steel Makers are now busy doing.

One must assume NS did so for their $self-interest, and partnering with a US Company = LOTS of $perks in DC

Can't Board of Directors be bound by decisions in interests of shareholders and owners , I would imagine some legislative and legal requirement to act in this way......hence the mysterious "Golden Share " as envisaged by trump, may not comply in say 6 months time.

World markets change.

Trump cant predict what will happen tomorrow.

We shall see.

Don't worry, Trump's got a legal A-team to legally codify permanent US Govt. control over US Steel with the Golden Share = nothing super cedes US National Security

I am still wondering why NO American Wall Street fund stepped in to buy USS.

no operational synergies, Wall Street was strictly arbitraging, so check out the original Wall Street flick to learn more, as Nippon Steel brings a LOT (of synergies) to the table and that table STAYS in the US

Nippon Steel will only agree to 51 % or more ownership. Like I said this announcement is a insider scam. Nippon Steel know that they will not be able to more offshore if pin to a 49%. 51% they can fail move off shore and steel LOL own the USA market. But 49% and fail they stuck in the USA and told by the government to make it work which it will never. Steel maker as shipbuilding in the USA boat had sail and will never return. Look the USA don't even have a fishing reel manufacturing or Bicycle manufacture simple easy stuff because there is no profit in manfacturing in the USA. Why did the USA automakers move to Mexico and Canada because they go out backwards if they use manual labour in the USA and to refit with automotive robots meaning 100s billion before a car rolls off. Under Trump off shoring is at it fastest ever. Companies have worked the numbers and it is offshore or collapse. USA is been dying and dying faster under Trump. Only a fool would start manufacturing again in the USA.

Golden Share: Overview, Benefits and Examples

https://www.investopedia.com/terms/g/goldenshare.asp

To be held by a political motivated eternity is a red flag.

Let alone under the influence questionable auspicious nature of Donald Trump changing whims.

Take heed, view the consequences of the Musk/Trump bromance, the short term negitive effects that had on tesla share price.

Moneypit

Would definitely be advantageous to Japan having a source of steel in the US for its manufacturing in the US

Projected to be profitable before the tariffs, should be even more profitable if tariffs already in place

In essence, Trump currys favor by keeping jobs in US steel, but chickens out on winning the deal, as Japan controls the steel industry, and security issues are so fluid, Japan chuckles at the orange dummy.

Japan Steel can profit as it wishes. It has power over Trump's steel deal. It certainly doesn't make America greater, it, like all of Trump's international dealings, is a failure, as US steel is now a puppet industry for Japan.

It's his usual lost art of the deal in a short sighted narrative where Trump will claim victory and his MAGA will fall for it, hook, line and sinker.

No King,but it rained on his parade

HopeSpringsEternalToday  06:43 pm JST

Understanding is the Golden Share allows the Govt. to maintain absolute control over the Board of Directors and all the decisions made by the Board, nothing to do with 'equity' per say. So, it's pure power, Trump style.

Oh so it's just like the CCP.

And calling it a "Share" is a deliberate attempt to disguise it.

sunfunbunToday  09:12 pm JST

In essence, Trump currys favor by keeping jobs in US steel, but chickens out on winning the deal, as Japan controls the steel industry, and security issues are so fluid, Japan chuckles at the orange dummy.

Nippon Steel is 4th in production among global steel companies.

Japan does not "control the steel industry". China controls the steel industry.

This deal/merger/investment/buyout/whatever you want to call it will help US Steel, which is 27th globally, survive.

Trump's order didn’t detail the terms of the national security agreement.

You wouldn't sign a contract like that from your roofing contractor...

50% tariffs to protect the industry will save US jobs, but will also lead to higher prices for end products made in US. It will be the US consumer who rnds up paying the tariff.

That is a ball and chain. They have signed up to fill a money pit for the greater glory of Donald Trump. If I had shares in Nippon Steel I would have sold them.

I wonder if Trump will try to replicate this elsewhere, recovering the trade deficit cash by getting Japan to fund a welfare state for US industry.

Trump made a great deal that helps both sides and solves a lot of “insolvable” issues.

good job! Again.

Golden share. I like it!

Hardly, the other way around, the wrecks are the ones that cannot answer a simple question.

You were answered. In every European country, any candidate elected can become prime minister or president. But they can not be felons.

Sunak was the first British Prime Minister of Asian origin and a minority group. In Europe, there have been many female prime ministers and presidents.

Total submission. Sad.

The Deal: $'s in trumps pocket.

*Trump said Thursday that he would as president have “total control” of what U.S. Steel did as part of the investment.*

Hahahahahah! This from an individual who has declared bankruptcy multiple times! And overseas a country with $36 TRILLION in debt!

Oooohhh the irony of this looming fiasco.

Sorry Nippon Steel.

Now the US not only needs China for its survival, but it also cannot survive without Japan..

How much incapacity..