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Golden Share to Have Veto Power on Investment Reduction, Transfer of Production, Jobs, U.S. Lutnick Says on Social Media

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By Yasuhiro Kobayashi / Yomiuri Shimbun Correspondent

15:44 JST, June 16, 2025

NEW YORK — The “golden share” held by the U.S. government as part of Nippon Steel’s acquisition of U.S. Steel will include veto power on the former reducing its investment and the transfer of production or jobs to outside of the U.S. without consent of the Trump administration, U.S. Secretary of Com...

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