On January 3, Biden blocked Nippon Steel Corp’s US$14.9 billion bid for US Steel Corp, citing national security concerns, slightly over a year after Nippon made its offer in December 2023.
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US Steel and Japan’s Nippon Steel on Monday sued ... according to the Washington Post. “He insulted Japan, a vital economic and national security ally, and put American competitiveness at ...
Canada is looking to target American steel, ceramics and plastics with retaliatory tariffs in response to an escalating trade dispute with the incoming Trump administration. A senior government ...
BANGKOK — U.S. President Joe Biden’s decision to reject a bid by Nippon Steel to acquire U.S. Steel on national security grounds isn’t the first time friction over trade and investment has ...
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 $14 billion acquisition of ...