WASHINGTON, D.C. — In a bold move to protect American industry, President Donald J. Trump signed an executive order Friday authorizing Nippon Steel’s investment in U.S. Steel, but only under strict conditions that guarantee American control and national security.
Under Trump’s order, the Japanese company must comply with a “national security agreement” approved by federal agencies. Though the full details remain confidential, one thing is clear: America keeps the power.
According to a joint statement by the two companies, the agreement includes:
✅ $11 billion in new investments by 2028
✅ A “golden share” for the U.S. government — giving Washington final veto power over strategic decisions
✅ Continued majority control by American stakeholders (51%)
“We thank President Trump and his administration for their strong leadership,” the companies said. “This historic partnership will strengthen American steelmaking and protect American workers for generations.”
The deal comes after a full review by the Department of Justice and the Committee on Foreign Investment in the United States (CFIUS). The Trump administration made clear: America is open for business, but not for surrendering control.
Trump: “I Control the Golden Share” — America Stays in Charge
Speaking Thursday, President Trump left no doubt about who holds the power in the U.S. Steel-Nippon agreement:
“We have a golden share, which I control,” Trump declared. “That gives you total control. I’m a little concerned about what future presidents might do with it — but under me, America’s in charge.”
This tough stance marks a major departure from the Biden administration, which allowed the Nippon-U.S. Steel merger to drag on for months due to so-called “national security concerns.” Trump, by contrast, acted swiftly to cut a deal that benefits American workers, American families, and American sovereignty.
What’s at Stake: American Jobs, National Security, and Industrial Power
Nippon Steel’s proposed $15 billion acquisition of U.S. Steel — an iconic Pittsburgh-based firm — was stalled during Biden’s presidency. Conservatives raised alarm bells over foreign control of critical infrastructure. Trump listened.
Thanks to his leadership, the deal will now move forward only if all national security requirements are met. If not, Trump’s order gives him full authority to block or revise the transaction.
CFIUS warned there was “credible evidence” the deal could “threaten to impair the national security of the United States.” But the new agreement is expected to neutralize those risks while fueling American growth.
Bottom Line: Trump Delivers Real Results for America
President Trump’s executive order shows once again that he means business when it comes to defending American jobs and industries. By securing a powerful veto and requiring billions in new U.S. investment, he has turned a risky foreign merger into a win for American workers and national security.
✅ America keeps control
✅ American workers benefit
✅ Foreign influence kept in check
As 2024 draws closer, President Trump is proving yet again why so many Americans trust him to lead — strong, decisive, and always putting America First.