U.S. President Donald Trump said on Thursday the United States had a "golden share" in U.S. Steel as part of a deal for Nippon Steel to buy the iconic American company. It was not immediately clear what structural element of the deal Trump was referring to,

The two steel companies list “a golden share to be issued to the U.S. government” among the aspects of what they call a partnership agreement.

The latest revelations expand on an earlier executive order signed by President Donald Trump that authorised the foreign investment as part of a national security agreement.