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Biden to block US-Japan steel deal
With Nippon Deal Blocked, What's Next for US Steel?
Key Takeaways 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 vowed to "take all appropriate action to protect [their] legal rights.
US Steel acquisition by Japan’s Nippon blocked
President Joe Biden on Friday announced a decision to block the $14 billion acquisition of U.S. Steel by Japan-based Nippon Steel, saying domestically produced steel is essential to U.S. national security.
Biden blocks Japan's Nippon Steel from acquiring U.S. Steel
President Joe Biden said Friday that he has decided to block a $15 billion takeover of U.S. Steel by the Japanese company Nippon Steel, capping off a yearlong business saga that drifted into election politics.
3h
on MSN
Joe Biden 'Sacrificed' US Workers for Own Political Agenda—Nippon Steel
In a joint statement with U.S. Steel, the Japanese company accused Biden of breaking the law to serve his own political agenda just a few weeks before leaving the White House. Biden said he was ...
2h
on MSN
Mike Pompeo defends US Steel, Nippon deal, urges Trump to do the same
President Biden's decision to block the acquisition of U.S. Steel by Nippon Steel citing national security concerns drew ...
1d
United Steelworkers says Nippon concessions nothing but ‘Hail Mary’
In their most recent act of desperation, U.S. Steel and Nippon are now requiring supervisors to circulate a petition to workers whi ...
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