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.

We believe he blocked our deal over electoral politics, not security.

The proposed deal kicked up an election year political maelstrom across America’s industrial heartland and quickly drew vows ...

It’s not too late for our judicial system to intervene and do what’s right for the American people and our allies.

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

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

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 ...

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

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

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.