Presidential block of $15B steel merger sparks controversy over national security and U.S.-Japan trade relations.

U.S. President Joe Biden’s decision to reject a bid by Nippon Steel to acquire U.S. Steel on national security grounds isn’t ...

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Nippon Steel Chief Executive Eiji Hashimoto says there is no reason or need to give up. President Joe Biden has blocked the proposed $15 billion acquisition of U.S. Steel.

President Biden announced Friday that he is blocking the $15 billion proposal by Japan's Nippon Steel to buy U.S. Steel after a government panel recently failed to reach consensus on the possible ...

Domestic steel production is essential to U.S. security, Biden said. President Joe Biden on Friday announced a decision to block the $14 billion acquisition of U.S. Steel by Japan-based Nippon ...

Nippon Steel Corp. plans to file a lawsuit against the U.S. government in response to outgoing President Joe Biden’s decision to block its proposed $14 billion (2 trillion yen) takeover of U.S ...

Justin Merriman / Bloomberg via Getty Images President Joe Biden on Friday blocked the proposed $14 billion acquisition of U.S. Steel by Japan's Nippon Steel. The companies in a joint statement ...

President Joe Biden said Friday he is blocking a $14.3 billion acquisition of US Steel by Japan’s Nippon Steel, marking a significant use of executive authority in the closing days of his ...

The Biden administration's move on Friday to block Nippon Steel's proposed purchase of U.S. Steel raises questions about the once iconic American company's future, with industry sources saying the ...

Dec 31 (Reuters) - Japan's Nippon Steel (5401.T), opens new tab has proposed giving the U.S. government veto power over any potential cuts to U.S. Steel's (X.N), opens new tab production capacity ...

Jan 2 (Reuters) - The United Steelworkers union expressed concerns about Nippon Steel's (5401.T), opens new tab latest proposal that gives the U.S. government veto power over any potential ...