President Trump’s foray into the takeover could reshape the future of foreign investment in the United States.

President Trump on Friday cleared the way for Japan-based Nippon Steel to potentially acquire U.S. Steel, though details about the structure of the deal — including a possible "golden share" held by the federal government — remain unclear.

Nippon Steel plans to complete its purchase of U.S. Steel after reaching an agreement with the Trump administration to resolve national-security concerns. Plus: Warner Bros. Discovery bondholders approval company’s split.

In Tokyo, there’s concern — and more than a little trepidation — over what the Nippon Steel deal and doubled tariffs portend for the economic relationship.

The companies said they had entered into an agreement with the U.S. government to alleviate any national security concerns.

The U.S. Steel and Nippon deal continues to be a point of contention between labor and the presidential administration.

(Reuters) -Shares of U.S. Steel dipped after a Nippon Steel executive told the Japanese Nikkei newspaper that its planned takeover of the company required "a degree of management freedom" to go ahead,