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Joe Biden, Nippon Steel
US rejection of Nippon Steel’s bid for US Steel rankles Washington’s key ally in Asia
President Joe Biden's decision to reject a bid by Nippon Steel to acquire U.S. Steel isn't the first time friction over trade and investment has irked Washington's closest ally in Asia.
Biden killed US Steel deal even though some US officials rejected national security concerns
President Joe Biden decided to block the $14 billion takeover of US Steel by Japan’s Nippon Steel even though some top US officials did not believe there were sufficient national security grounds to kill the deal,
Nippon Steel lawsuit against Biden could buy time to keep U.S. Steel deal alive
The companies argued in a lawsuit announced on Monday that Biden violated the Constitution by blocking the merger via a sham national security review that deprived the companies of their right to a fair process.
3h
on MSN
Japanese steelmaker vows not to give up on buying U.S. Steel
Japan’s largest steelmaker said that it would not give up trying to purchase U.S. Steel even after President Joe Biden ...
2h
on MSN
Blinken Lauds Japan Ties While Skirting Nippon Steel Dispute
Secretary of State Antony Blinken lauded the close economic and security partnership between the US and Japan after a ...
4h
Blinken visits Japan as Nippon Steel decision weighs on relations
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
16h
Biden's decision will embolden Chinese steel companies, Lou Basenese says
America Reports' panelists Lou Basenese and Dan Greenhaus unpack why U.S. Steel and Nippon Steel are suing the Biden ...
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