Friday, 1 August 2025 () The iconic American company, U.S. Steel was sold to Nippon Steel in Japan earlier this summer. The sale was years in the making and, on the campaign trail last year, President Trump opposed it. But now, he's approved the sale. And the deal also gives the president himself an outsized say in the future of U.S. Steel. Erika Beras from Planet Money explains what the president calls: a golden share.
At the G7 Summit in Canada, President Trump and British PM Keir Starmer announced a new trade agreement lowering some tariffs on U.K. goods. The deal removes duties on aerospace products and offers..