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Biden to block US-Japan steel deal
Biden blocks $14 billion acquisition of US Steel by Japan’s Nippon Steel
We need major U.S. companies representing the major share of US steelmaking capacity to keep leading the fight on behalf of America’s national interests,” Biden said in a Friday morning
Nippon Steel, U.S. Steel ‘dismayed’ by Biden’s decision to block proposed deal, statement says
Nippon Steel and U.S. Steel, in the joint statement, say they’re “dismayed by President Biden’s decision” and vow to “take all appropriate action to protect our legal rights.”
Biden blocks Japan's Nippon Steel from acquiring U.S. Steel
The companies condemned the president's decision and hinted at taking legal action, while U.S. Steel's CEO accused Biden of "political corruption."
8h
on MSN
Government source: 'regrettable' that Nippon Steel decision made due to 'national security concerns'
A Japanese government source told Euronews that the Biden adminstration's decision to block the takeover of US Steel by Japan ...
19h
on MSN
Biden's rejection of U.S. Steel-Nippon Steel deal may spell demise of steelmaking in Mon Valley, officials say
United Steelworkers leadership praised Biden's decision while others fear it may end steelmaking in Western Pennsylvania.
20h
on MSN
Blocked Nippon deal leaves fate of U.S. Steel in question
The company still needs investment badly, and it isn’t clear what game of opportunity and survival is being played at the top ...
RealClearMarkets
18h
The Dubious Behavior That Undermined the U.S. Steel-Nippon Steel Merger
President Biden’s announcement on Friday to block Nippon Steel’s acquisition of U.S. Steel is a political decision, not one ...
FOX 32 Chicago on MSN
1d
Biden blocks $15B Nippon-U.S. Steel deal; Gary mayor warns of possible job losses
GARY, Ind. - Nippon Steel Corp. of Japan and U.S. Steel announced plans to pursue legal action after President Joe Biden ...
23h
Will White House decision to block US Steel's sale to foreign-owned Nippon reopen door for Cleveland Cliffs?
President Biden Friday followed through on a promise to block the sale of US Steel to Japanese-owned Nippon Steel, citing ...
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