Japan, Nippon Steel and Joe Biden

Biden Blocks US Steel Sale To Japan's Nippon Steel
US Steel and Nippon Steel threatened legal action Friday after President Joe Biden blocked a controversial $14.9 billion deal for the Japanese company to buy its American rival.
Despite Nippon Steel, US and Japan say ties stronger than ever
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.
Biden blocks $14 billion acquisition of US Steel by Japan's Nippon Steel
President Joe Biden has blocked the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U.S. Steel — affirming his earlier vow on the presidential campaign trail to prevent the acquisition of Steeltown USA’s most storied steel company.
US Steel And Nippon Steel Sue Over Biden's Decision To Block Merger
Nippon Steel and US Steel filed suit Monday over US President Joe Biden's decision to block the Japanese giant's proposed acquisition of its American rival, accusing his administration of "illegal interference" in the huge transaction.
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.
US Steel buyout: Biden’s veto of Nippon Steel’s bid tests US-Japan alliance
A former Japan trade official believes that talk of a chilling effect on investment may be overblown. Read more at straitstimes.com.
Biden blocks Japan's Nippon Steel from acquiring U.S. Steel
The companies condemned the president's decision and hinted at taking legal action, while U.S. Steel's CEO accused Biden of "political corruption."
Japan PM says blocked US Steel deal could hit investments
Japan's prime minister on Monday urged Washington to dispel concerns that a decision by Joe Biden to block Nippon Steel's takeover of US Steel could impact future investments. Prime Minister Shigeru Ishiba said the veteran Democrat's decision had sparked worries over future Japanese investments in the world's largest economy.
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 and investment has irked Washington’s closest ally in Asia
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 $15 billion acquisition of U.S. Steel
Japan’s investments in US set to go on despite Nippon Steel’s takeover setback
The assessment by analysts comes after US President Joe Biden blocked Nippon Steel Corp’s US$14.9 billion bid for US Steel Corp.
Hosted on MSN2d
Cleveland-Cliffs CEO says he ‘can’t see’ how US’s deal with Japan to buy US Steel can be ‘resuscitated’
Cleveland-Cliffs Chairman and CEO Lourenco Goncalves argues that the Sen. Marco Rubio serving as Secretary of State will be ...
Biden blocks Japan's $14 billion takeover of US Steel on national security grounds
Joe Biden said the deal would create "risk for our national security and our critical supply chains." President-elect Trump ...
AFP on MSN3d
Blinken says US-Japan ties solid despite rift over steel deal
US Secretary of State Antony Blinken insisted during a visit to Tokyo on Tuesday that ties with Japan were stronger than ever ...
SHINE5d
Why Biden blocks Japan's Nippon Steel from acquiring US Steel and what comes next?
US President Joe Biden on Friday blocked Japan's Nippon Steel's proposed acquisition of US Steel, citing national security ...