Sunday, January 05

Biden blocks $15 billion US Steel acquisition by Nippon Steel, upholding national interest concerns

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 relations.
  • News Source Indiatimes (Click to view full news): CLICK HERE
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