DiscoverMarkets & Money Today | 2 Min News | The Daily News Now!Steel Showdown: When Politics Trumped Profits
Steel Showdown: When Politics Trumped Profits

Steel Showdown: When Politics Trumped Profits

Update: 2025-09-21
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U.S. Steel thought a $14.1 billion deal with Japan's Nippon Steel was set, but a new golden share gave the White House veto power, stopping a plant closure and saving 800 jobs. Find out how Trump's intervention is changing the rules for big business, making political risk as important as profit.

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Steel Showdown: When Politics Trumped Profits

Steel Showdown: When Politics Trumped Profits