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Biden to block US-Japan steel deal

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.

St. Louis Post-Dispatch · 2h

Biden rejects Nippon Steel's bid to acquire US Steel. Granite City furnace remains idled.

President Joe Biden has rejected the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U.S. Steel.

CNN on MSN · 6h

Biden blocks Japan’s Nippon from taking over US Steel

President Joe Biden said Friday he is blocking a $14.3 billion acquisition of US Steel by Japan’s Nippon Steel, marking a significant use of executive authority in the closing days of his administration.

7hon MSN

Biden blocks sale of U.S. Steel to Japan's Nippon Steel

By David Shepardson, Tim Kelly and Katya Golubkova WASHINGTON/TOKYO (Reuters) -U.S. President Joe Biden officially blocked ...

2hon 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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