Fact Check: Trump controls a 'golden share' in U.S. Steel deal with Japan's Nippon Steel.

Fact Check: "Trump controls a 'golden share' in U.S. Steel deal with Japan's Nippon Steel."

What We Know

The claim that Donald Trump controls a "golden share" in a deal involving U.S. Steel and Japan's Nippon Steel lacks substantial verification from credible sources. A "golden share" typically refers to a special type of share that gives its holder veto power over certain decisions made by the company, often used by governments to maintain control over privatized entities. However, there is no public evidence or reliable reporting confirming that Trump possesses such a share in this context.

As of now, the most relevant information regarding Trump's business dealings and investments is largely anecdotal or speculative, with no concrete documentation provided to substantiate the claim about a "golden share" related to U.S. Steel. The sources available do not address this specific claim directly or provide any insights into Trump's financial interests in U.S. Steel or Nippon Steel.

Analysis

The claim appears to stem from a misunderstanding or misrepresentation of Trump's business interests. The sources reviewed do not provide any credible evidence that supports the assertion of Trump controlling a "golden share" in the U.S. Steel deal. For instance, the articles from JForum primarily focus on Trump's political activities and personal anecdotes rather than his business dealings, making them unreliable for verifying financial claims (source-1, source-2, source-3).

Moreover, the lack of coverage from reputable financial news outlets or business journals raises concerns about the credibility of the claim. Without substantial evidence or reliable reporting, it is difficult to ascertain the truth behind the assertion that Trump has a "golden share" in this deal.

Conclusion

Needs Research. The claim that Donald Trump controls a "golden share" in a deal involving U.S. Steel and Nippon Steel is not supported by credible evidence or reliable sources. Further investigation is necessary to verify any potential connections or financial interests Trump may have in these companies. Until more concrete information is available, the claim remains unsubstantiated.

Fact Check: Trump controls a 'golden share' in U.S. Steel deal with Japan's Nippon Steel.