US President Donald Trump signed an executive order clearing the path for Japanese conglomerate Nippon to invest in US Steel. While the specifics of the deal remain undisclosed, Nippon has been directed to adhere to a ‘national security agreement.’ A joint statement however, from Nippon and US Steel outlines a planned investment of nearly $11 billion by 2028. In the executive order, issued by the White House, was mentioned overtly how the security concerns can be resolved. Thus, including a “golden share” in the agreement also gave the Trump administration a veto power to protect their interests. US Steel share price The Nippon bid for $14.9 billion investment set the motion for a steep increase. US Steel share price rose 3.5% as investors saw the deal being close to done.