The blocked sale of U.S. Steel to Nippon Steel Corporation by President Biden sends shockwaves through the steel industry, raising concerns about national security, job losses, and rising steel prices ...
Strategic autonomy is about reducing the EU’s dependence on others, for example for critical materials and technologies, food, infrastructure and security. It is also an opportunity to develop ... one ...
President Biden formally blocked the sale of U.S. Steel to a Japanese steelmaker, citing national security concerns. The company said that it may have to cut thousands of union jobs without the sale.