The Washington Post reports that President Trump has enacted a measure to safeguard the U.S. Steel plant shutdown. This represents a new application of the “golden share” provision, allowing Trump to maintain control of the facility. The $14.1 billion takeover agreement, finalized in June, included this directive. The intervention will allow Trump to continue operating the plant, potentially impacting the future of the steel industry. The specific details of the golden share arrangement are currently under review by government officials.
Credits: US Top News and Analysis
