President Donald Trump would have unique influence over the operations of U.S. Steel under the terms of the investment being made by Nippon Steel.

President 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.

The companies said they had entered into an agreement with the U.S. government to alleviate any national security concerns.

President Donald Trump issued an executive order on Friday officially giving the green light to Nippon Steel Corporation's multi-billion-dollar purchase of U.S. Steel Corporation.

The move will also prevent Nippon Steel from transferring production or jobs outside the U.S. without consent of the U.S. president.

TOKYO] Nippon Steel on Saturday (Jun 14) touted a “historic partnership” with US Steel after US President Donald Trump approved a multi-billion-dollar merger. Read more at The Business Times.

The following is a chronology of major events related to Nippon Steel Corp.'s plan to acquire United States Steel Corp.