President Joe Biden said Friday that he has decided to block a $15 billion takeover of U.S. Steel by the Japanese company ...

Both side of the proposed U.S. Steel sale to Japanese company Nippon are reacting after President Joe Biden officially blocked the sale on Friday.

including threats to restart a trade war with the world’s second-largest economy, China. While running for the White House, he specifically promised to block Nippon’s takeover of US Steel ...

One thing that should be simple is reversing President Joe Biden’s absurd policy on the proposed acquisition of U.S. Steel by Nippon Steel ... 80 years on from World War II.

The union is concerned Nippon Steel may import steel into the U.S. from its international mills, eroding a company that helped build the Empire State Building and armed allied forces in World War Two.

Both US Steel and Nippon have maintained that the deal poses no national security threat. The companies each put out statements Monday night saying CFIUS notified them that it failed to reach a ...

WASHINGTON (AP) — A powerful government panel on Monday failed to reach consensus on the possible national security risks of a nearly $15 billion proposed deal for Nippon Steel of Japan to ...

Head of union opposing U.S. Steel sale unconvinced of long-term viability Fears Nippon will import steel ... Building and arm allied forces in World War Two. "When we've had discussions with ...

The union is concerned Nippon Steel may import steel into the US from its international mills, eroding a company that helped build the Empire State Building and armed allied forces in World War Two.