In June 2025, the partnership between US Steel and Nippon Steel secured approval through an executive order signed by President Trump, resolving concerns over foreign ownership. The agreement includes national security guarantees and a "golden share" for the US government,

US Steel's collaboration with Nippon Steel has received approval after national security assurances were confirmed, retaining the "golden share" benefit. Former President Trump endorsed the partnership through an executive order,

The takeover allows the Japanese firm to tap into key US infrastructure projects, while rivals face steep 50% tariffs.