Source: Campaign For Liberty
by Ron Paul
“Japanese company Nippon Steel’s plan to purchase US Steel was bound to provoke a strong reaction from left- and right-wing economic nationalists. … it was not surprising that Nippon Steel’s purchase of US Steel was blocked by both the Biden and Trump administrations. This was disappointing — especially since Nippon Steel planned to invest billions in modernizing US Steel’s facilities. Last week, President Trump praised the deal with some added conditions. One major condition is that the US government will receive a ‘golden share’ in US Steel. This will enable the government to overrule any business decision made by the company’s management if the government determines the business decision threatens ‘national security.’ … Supporters of the ‘golden share’ have forgotten (or never learned) the lessons from the failures of allowing politicians and bureaucrats to run private businesses.” (06/02/25)
https://www.campaignforliberty.org/golden-share-will-not-make-america-great