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Steel, Joe Biden

The Associated Press on MSN · 2h

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 lawsuit against Biden could buy time to keep U.S. Steel deal alive

The companies argued in a lawsuit announced on Monday that Biden violated the Constitution by blocking the merger via a sham national security review that deprived the companies of their right to a fair process.

CNN on MSN · 17h

Biden killed US Steel deal even though some US officials rejected national security concerns

President Joe Biden decided to block the $14 billion takeover of US Steel by Japan’s Nippon Steel even though some top US officials did not believe there were sufficient national security grounds to kill the deal,

5hon MSN

Japanese steelmaker vows not to give up on buying U.S. Steel

Nippon Steel said it would not be deterred by President Joe Biden’s decision last week to block its $15 billion bid for the ...

13h

Nippon Steel’s Thwarted Bid Sets Up Tougher Rivalry With Chinese Mills

Nippon Steel Corp.’s thwarted bid to expand in the US could mean tougher competition for Chinese mills in an already ...

6h

Blinken visits Japan as Nippon Steel decision weighs on relations

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

18h

Biden's decision will embolden Chinese steel companies, Lou Basenese says

America Reports' panelists Lou Basenese and Dan Greenhaus unpack why U.S. Steel and Nippon Steel are suing the Biden ...

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