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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
US Steel and Nippon Steel sue Biden administration over blocked merger
U.S. Steel and Japan-based Nippon Steel sued the Biden administration on Monday over a decision made last week to block a merger between the two companies. A proposed acquisition of the second-largest domestic steel producer by Nippon for nearly $15 billion would threaten U.S. national security, the Biden administration said.
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 ...
1d
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 ...
1d
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 ...
18h
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.
1d
US Steel buyout: Biden’s veto of Nippon Steel’s bid tests US-Japan alliance
A former Japan trade official believes that talk of a chilling effect on investment may be overblown. Read more at ...
5d
Biden blocks sale of US Steel to Japan's Nippon Steel
US President Joe Biden on Friday blocked the planned takeover of US Steel by Japan's Nippon Steel on grounds of risks to ...
7h
FirstFT: Nippon Steel’s bet on Trump
Nippon Steel and US Steel are betting Donald Trump can be persuaded to back their $15bn deal, accusing President Joe Biden of ...
1d
on MSN
Japanese steelmaker vows not to give up on buying U.S. Steel
Japan’s largest steelmaker said that it would not give up trying to purchase U.S. Steel even after President Joe Biden ...
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