BANGKOK (AP) — U.S. President Joe Biden’s decision to reject a bid by Nippon Steel to acquire U.S. Steel on national security ...
Citing national security concerns, President Joe Biden blocked the $15 billion international sale of U.S. Steel to Japanese company Nippon Steel on Jan. 3, 2025. In a joint statement after the ...
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.
The usually reticent ally is making it clear that it will not go quietly in its fight to overturn President Biden’s decision ...
In blocking the sale to Nippon Steel, Biden said U.S. Steel "will remain a proud American company – one that’s American-owned ...
U.S. Steel and Japanese steelmaker Nippon Steel sued the U.S. government Monday in a last-ditch effort to move forward with ...
President-elect Trump has also opposed Nippon Steel's $15 billion acquisition of U.S. Steel, which President Biden blocked ...
The acquisition was controversial as some argued foreign ownership over one of America’s largest steel producers posed a ...
On last trip as US top diplomat, Antony Blinken tells his Japanese counterpart he also came to Japan on his 1st trip in 2021 ...