Regarding the Proposed Acquisition of the United States Steel Corporation by Nippon Steel Corporation
Honest Title:
Nippon-U.S. Steel: Exchanging Corporate Autonomy for Federal Veto Power and State Control
Constitutional Risk:
3
Signed by: DONALD J. TRUMP
Signed: 6/13/2025
Last Updated: 3/12/2026
Executive Order
Summary
The transition to conditional approval reveals the volatility of security reviews. Republicans miss how inconsistency chills investment and property rights; Democrats ignore the opacity of secret deals. This weaponizes executive discretion, prioritizing political leverage over the rule of law.