Administration officials secured a deal that will give the president unusual influence over a private company, and could serve as a model for other deals.

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.

Donald Trump has approved the $14.9 billion partnership between US Steel and Japan’s Nippon Steel, ensuring national security guarantees and preserving the company's Pittsburgh headquarters. A unique "golden share" will give the US government final authority on key strategic decisions.