President Trump on Friday cleared way for Nippon Steel purchase of U.S. Steel, including unusual control for the president.

The deal is the Trump administration’s attempt to stake out a new path for balancing national security and the influx of foreign capital.

President Donald Trump is a businessman who became a politician. Now he's both. Trump will have "unique influence" over the operations of U.S. Steel under a new arrangement to allow Nippon Steel to complete its multibillion-dollar takeover of the iconic American company, said ABC News.