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Biden Was Right to Block US Steel Takeover
Despite Nippon Steel, US and Japan say ties stronger than ever
By David Brunnstrom, Simon Lewis, Trevor Hunnicutt and Tim Kelly TOKYO/WASHINGTON (Reuters) -The foreign ministers of Japan and the United States said their countries' ties were stronger than ever on Tuesday,
Biden Blocks Takeover Bid of U.S. Steel by Japan’s Nippon
The president said he was moving to protect national security in deciding the fate of the iconic Pennsylvania-based company, which became a contentious political issue in an election year.
US Steel and Nippon Steel sue Biden administration over blocked merger
U.S. Steel and Japan-based Nippon Steel sued the Biden administration on Monday over a decision made last week to block a merger between the two companies. A proposed acquisition of the second-largest domestic steel producer by Nippon for nearly $15 billion would threaten U.S. national security, the Biden administration said.
3d
on MSN
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 ...
5d
on MSN
Nippon Steel could face growth challenges after U.S. Steel purchase blocked, analysts say
Japan's Nippon Steel may need to look at a revamp of its growth strategy after U.S. President Joe Biden blocked its proposed ...
3d
Japanese prime minister warns of fallout from Biden veto of Nippon-U.S. Steel deal
The usually reticent ally is making it clear that it will not go quietly in its fight to overturn President Biden’s decision ...
4d
on MSN
Nippon Steel stands firm on a US Steel takeover and denies risks cited by Biden
Nippon Steel Chief Executive Eiji Hashimoto says the top Japanese steelmaker is standing firm on its proposed acquisition and ...
9d
on MSN
Japan's Nippon Steel offers governmental veto power for U.S. Steel production
Japan-based Nippon Steel has offered to give the U.S. government veto power over any potential reduction in steel output by U ...
Legit on MSN
7d
Biden blocks US Steel sale to Japan's Nippon Steel
President Joe Biden on Friday announced he has blocked the controversial $14.9 billion sale of US Steel to Japan's Nippon ...
2d
on MSN
U.S. Companies and Investors in Japan Are at Risk From U.S. Steel Backlash
American investment could become less welcome, undermining Japan’s progress on corporate reforms.
The Economist
1d
Joe Biden’s mixed legacy on Japan
W ITHIN 24 HOURS on January 6th, two events took place that encapsulate the mixed legacy Joe Biden will leave in America’s ...
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