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Steel, Joe Biden

The Associated Press on MSN · 1h

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.

CNN on MSN · 16h

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,

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.

U.S. Steel, Japan and Nippon

Bloomberg on MSN · 3h

Blinken Lauds Japan Ties While Skirting Nippon Steel Dispute

Secretary of State Antony Blinken lauded the close economic and security partnership between the US and Japan after a controversial move by US President Joe Biden to label Japan’s Nippon Steel Corp. as a national security risk.

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 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.

U.S. News & World Report · 1d

U.S. Steel, Nippon Sue Biden Administration Over Decision to Block Merger

Goncalves said in a statement on Monday that "Nippon Steel and U.S. Steel continue to play the blame game in a desperate attempt to distract from their own failures. Today's lawsu

4hon MSN

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

Japan’s largest steelmaker said that it would not give up trying to purchase U.S. Steel even after President Joe Biden ...

12h

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 ...

17h

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 ...

5hon MSN

Analysis-China exports push Nippon Steel to seek growth in US, India after blocked deal

Nippon Steel is poised to expand its operations in the U.S. and India as it hunts for growth and protection from cheap ...

3d

Companies signal court fight ahead after Biden blocks U.S. Steel sale

The move comes after a year of political and economic drama. It leaves the future of the once-iconic American business in ...

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