foreign investment

Biden rejects Nippon Steel’s proposed deal to acquire US Steel

Biden Blocks US Steel Takeover By Japan’s Nippon Steel: ‘Will Remain A Proud American Company’

January 3, 2025

President Joe Biden has officially blocked the proposed $14.9 billion acquisition of U.S. Steel by Japan's Nippon Steel, marking a significant moment in U.S. industrial policy and international relations. The ...

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Biden Blocks US Steel Takeover By Japan’s Nippon Steel: ‘Will Remain A Proud American Company’

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