Trump would have unique influence over the operations of the U.S. Steel under the terms of what the White House calls an “investment” being made by Japan-based Nippon Steel in the iconic American stee

President Donald Trump would have unique influence over the operations of U.S. Steel under the terms of what the White House calls an “investment” being made by Japan-based Nippon Steel in the iconic American steelmaker.

Administration officials secured a deal that will give the president unusual influence over a private company, and could serve as a model for other deals.