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Biden Was Right to Block US Steel Takeover
Biden killed US Steel deal even though some US officials rejected national security concerns
President Joe Biden decided to block the $14 billion takeover of US Steel by Japan’s Nippon Steel even though some top US officials did not believe there were sufficient national security grounds to kill the deal,
US Steel, Nippon sue Biden over move to block $14B deal: ‘Shameful and corrupt’
The lawsuit, filed in a federal court in Washington, accused Biden and senior administration officials of corrupting the deal’s review process, and harming American steel workers by blocking the
Biden blocks $14 billion acquisition of US Steel by Japan’s Nippon Steel
President Joe Biden has rejected the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U.S. Steel.
1d
on MSN
Despite Nippon Steel, US and Japan say ties stronger than ever
By David Brunnstrom, Simon Lewis, Trevor Hunnicutt and Tim Kelly TOKYO/WASHINGTON (Reuters) -The foreign ministers of Japan ...
6h
on MSN
U.S. Companies and Investors in Japan Are at Risk From U.S. Steel Backlash
American investment could become less welcome, undermining Japan’s progress on corporate reforms.
WHTM Harrisburg on MSN
19h
Republicans outraged at Biden’s block of US Steel sale to Nippon; Gov. Shapiro opts not to comment
President Biden’s block of a $14 billion sale of Pittsburgh-based US Steel to Japan’s Nippon Steel has caused significant ...
2d
on MSN
US rejection of Nippon Steel’s bid for US Steel rankles Washington’s key ally in Asia
President Joe Biden's decision to reject a bid by Nippon Steel to acquire U.S. Steel isn't the first time friction over trade ...
2d
on MSN
Tension Over US Steel Emerges During Blinken Visit to Japan
Secretary of State Antony Blinken lauded the close economic and security partnership between the US and Japan after a ...
1d
Steel Setback: Biden Risks Japan Ties, Investment
By blocking the acquisition of US Steel, President Joe Biden has irked Japan, one of Washington's closest allies whose firms are the biggest foreign investors in the United States.
4h
Asian Insider: Japan reeling from US’ friendship betrayal | 10 world leaders to watch in 2025
Asian Insider brings you insights into a fast-changing region from our network of correspondents and commentators. Read more ...
5h
Japan ruling party calls on govt. to urge US to drop ban on steelmaker merger
Japan's main ruling Liberal Democratic Party is calling on the Japanese government to urge Washington to lift its ban on ...
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