Biden blocks Japan's Nippon Steel from buying US Steel
US President Joe Biden has formally blocked the takeover of US Steel by a bigger Japanese company, saying foreign ownership could pose risks for national security. The controversial decision comes a year after Nippon Steel first announced the $14.9bn (£12bn) deal, describing it as a lifeline for its smaller Pennsylvania-based rival.
FOX 32 Chicago on MSN1d
Biden blocks $15B Nippon-U.S. Steel deal; Gary mayor warns of possible job lossesGARY, Ind. - Nippon Steel Corp. of Japan and U.S. Steel announced plans to pursue legal action after President Joe Biden ...
Good morning. President Joe Biden has decided to block the sale of US Steel to Japan’s Nippon Steel. Take a peek at the 2024 ...
Steel was a defining technology of the industrial age, and President Joe Biden made it his goal to bring that back, even as ...
Japan-based Nippon Steel has offered to give the U.S. government veto power over any potential reduction in steel output by U ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback