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 Trump administration revealed some more insight into the "golden share" arrangement being made with Nippon Steel and U.S. Steel. The deal would give the president final say on relocating U.S. Sttel's headquarters, changing the name of the company ...