Features

Nippon exec responds after Trump 'golden share' comments: Report
Written by Ethan Bernard
June 13, 2025
An unnamed executive from Nippon Steel has fired back following President Trump’s talk of a “golden share” on Thursday, according to a Japanese media report.
“Without a degree of management freedom, it may not be possible to reach an agreement with the US government,” the executive told Japan’s Nikkei Asia in an article on Friday.
This comes after President Trump said on Thursday the US government would hold a 51% stake in Pittsburgh-based U.S. Steel after the deal with Nippon.
U.S. Steel’s stock closed at $52.19 on Friday, down nearly 3% from the previous day.
A request for comment from Nippon was not returned by time of publication.
Ethan Bernard
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