TOKYO (Reuters) -There is a small gap between Nippon Steel and the U.S. government over the authority of a golden share tied to its acquisition of U.S. Steel, the Japanese steelmaker’s president said on Thursday.
Last week, the Wall Steet Journal reported that the administration of U.S. President Donald Trump had blocked U.S. Steel’s plan to shut down production at one of its plants in Illinois, flexing its so-called golden share authority, citing a person familiar with the matter.
“There is minor difference in views regarding the national security agreements and the authority of the golden share,” Nippon Steel President Tadashi Imai told reporters when asked about the report.
He did not elaborate, but said the recent U.S. move reflected the Trump administration’s policy of protecting d