WASHINGTON/TOKYO, Jan 3 (Reuters) - U.S. President Joe Biden blocked Nippon ... "This isn't about Japan. This is about U.S. steelmaking and keeping one of the largest steel producers in the ...
and Nippon Steel is based in Japan. Additionally, objections to the sale stemmed from geopolitical concerns over a foreign country owning the American company, which could conceivably affect ...
Jan. 1 (UPI) --Japan-based Nippon Steel has offered to give the U.S. government veto power over any potential reduction in steel output by U.S. Steel if the federal government approves a ...