Regarding the Proposed Acquisition of the United States Steel Corporation by Nippon Steel Corporation

Honest Title:

Secret Deal Sells U.S. Steel: Security or Sellout?

Constitutional Risk:
4
Signed by: DONALD J. TRUMP
Signed: 6/13/2025
Last Updated: 6/15/2025
Executive Order

Summary

This executive order reverses the previous ban on Nippon Steel's acquisition of U.S. Steel, allowing the deal if the companies sign and comply with a specific national security agreement drafted by the US government. This order permits foreign control of a vital US industrial asset under government-imposed conditions, reversing a prior prohibition. It suggests a political calculation prioritizing conditional investment over outright protectionism. Republicans might overlook ongoing national security risks under the NSA, while Democrats may see insufficient guarantees for domestic workers and industry vitality.