Japan's Prime Minister Shigeru Ishiba has requested U.S. President Joe Biden to address concerns surrounding Nippon Steel's acquisition of U.S. Steel. While Biden blocked the acquisition on national security grounds,
Japanese firms invested almost $800 billion in the United States in 2023, more than any other country, and 14.3% of the total, according to official U.S. data.
Prime Minister Shigeru Ishiba on Monday urged U.S. President Joe Biden to address concerns in business circles triggered by his blocking of a takeover of United States Steel Corp. by a Japanese competitor, saying an investment-friendly environment is ...
TOKYO (Reuters) - Japan Prime Minister Shigeru Ishiba asked U.S. President Joe Biden to allay concerns in the Japanese and U.S. business community over the status of Nippon Steel's planned acquisition of U.S. Steel, Jiji news agency said on Monday.
Cleveland-Cliffs CEO Lourenco Goncalves said Monday he had a plan to buy U.S. Steel as he launched a tirade against Japan, calling the close U.S. ally “evil.”
Prime Minister Shigeru Ishiba said the veteran Democrat's decision had sparked ... describing it as "bold action to maintain a strong domestic steel industry". But Nippon Steel and U.S. Steel said the outcome reflected "a clear violation of due process ...
Nippon Steel said it wouldn't be deterred by Biden’s decision last week to block its $15 billion bid for the storied U.S. steelmaker.
TOKYO (Kyodo) -- Prime Minister Shigeru Ishiba on Monday urged U.S. President Joe Biden to address concerns in business circles triggered by his blocking of a takeover of United States Steel by a Japanese competitor, saying an investment-friendly environment is critical for allies and partners to ensure economic security.
"I have a plan, I have an all-American solution in place. The all-American solution centers on people, on workers," said Cleveland-Cliffs CEO Lourenco Goncalves.
Japanese Prime Minister Shigeru Ishiba told U.S. President Joe Biden that his blocking of Nippon Steel's takeover of U.S. Steel raised "strong" concerns in both countries, local media reported Monday.
The usually reticent ally is making it clear that it will not go quietly in its fight to overturn President Biden’s decision to block Nippon Steel’s $14.1 billion takeover bid of U.S. Steel, with Prime Minister Shigeru Ishiba warning this week that the rejection could have real consequences for the bilateral relationship,