💨 Abstract

On Tuesday, U.S. David McCormick confirmed a proposed deal allowing Japan's Nippon Steel to invest in U.S. Steel, with conditions ensuring American control. An American CEO, majority U.S. board members, and U.S. government approval over certain functions are guaranteed. President Trump also endorsed this "partnership" last Friday, stating that U.S. Steel would remain under American control.

Courtesy: WTOP Staff