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Biden blocks $15 billion US Steel acquisition by Nippon Steel, upholding national interest concerns
Credit: IndiaTimes- Published on January 3, 2025
President Joe Biden blocked Japan's Nippon Steel’s proposed $15 billion acquisition of US Steel, citing national security concerns and the need for American steelmaking capacity to remain domestically controlled. This decision, aligning with opposition from political figures like Donald Trump, could impact US-Japan diplomatic...
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President Joe Biden blocked Japan's Nippon Steel’s proposed $15 billion acquisition of US Steel, citing national security concerns and the need for American...
on January 3, 2025 • IndiaTimes
Nippon Steel and US Steel have sued the Biden administration for blocking their $15 billion merger, claiming the decision was politically motivated and violated...
on January 6, 2025 • IndiaTimes