Storyline: Japanese firm Nippon Steel completed its takeover of U.S. Steel on Wednesday, after agreeing to yield veto rights to the U.S. government and promise to make major investments. Nippon Steel announced on Wednesday that it had finalized the 14.9-billion-U.S.-dollar purchase of U.S. Steel, turning the U.S. company into its wholly-owned subsidiary, according to Japan Broadcasting Corporation. Before the acquisition was made, Nippon Steel signed a National Security Agreement with the U.S government. The Japanese company has also granted the "golden share" to the U.S. government, yielding rights to veto vital decisions, and promised to invest approximately 11 billion U.S. dollars in U.S. Steel before 2028. To secure the deal, the Japanese company also agreed that U.S. Steel will maintain its headquarters in Pittsburgh, Pennsylvania; Nippon Steel will make its promised amount of investments in U.S. Steel without retraction or delaying; and U. S. Steel will maintain capacity to produce and supply steel. The plan, first announced in October 2023, was stopped by an executive order issued by then-U.S. President Joe Biden out of national security concerns. The two companies filed a lawsuit requesting the court to cancel the order and re-investigate the case. On June 14, U.S. President Donald Trump issued an executive order to permit the merger under given conditions. Shotlist: FILE: Tokyo, Japan - Date Unknown: 1. Various of workers at steel mill, welding steel FILE: Denver, Colorado, USA - May 9, 2018: 2. Various of aluminum coils FILE: Tokyo, Japan - Date Unknown: 3. Various of containers being handled, cargo truck driving onto vessel FILE: Tokyo, Japan - Date Unknown: 4. Japanese yen banknotes going through counting machine 5. Japanese yen banknotes on counter FILE: USA - Exact Location and Date Unknown: 6. Various of U.S. dollar banknotes being printed. [Restrictions : No access Chinese mainland]