President-elect Donald Trump has also expressed strong opposition to Japanese ownership of infrastructure giant.

A Nippon Steel executive condemned President Joe Biden for blocking the company’s purchase of U.S. Steel. After Biden blocked the purchase on Jan. 3, the company sued the U.S. government.

Japan Prime Minister Shigeru Ishiba asked U.S. President Joe Biden to allay concerns in the Japanese and U.S. business ...

Senior administration officials had reservations about calling Nippon Steel’s takeover proposal a “national security risk.” ...

HARRISBURG, Pa. (AP) — The bid by Japan’s Nippon Steel to buy U.S. Steel may have a new lease on life after the Biden ...

U.S. Steel shares are jumping in premarket trading Monday after the U.S. government extended until June from next month a deadline for Nippon Steel to abandon its planned $14.1 billion acquisition of ...

President Biden is blocking the proposed $14 billion acquisition of U.S. Steel by Nippon Steel. "A strong domestically owned ...

The Biden administration delays Nippon Steel's $14.9B takeover of US Steel until June 18, 2025, after facing opposition from ...

President Biden said he would block the sale of one of America’s most iconic companies to a Japanese firm. In December 2023, Nippon Steel announced it would buy U.S. Steel for more than $14 billion.

President Biden's executive order blocking a near-$15 billion acquisition of U.S. Steel requires the abandonment of the transaction within 30 days.