In December 2023, Nippon Steel secured a deal to buy US Steel for $14.9 billion. The Committee on Foreign Investment in the ...

The Biden administration blocked Nippon Steel’s $15 billion acquisition of U.S. Steel Friday. A national security review ...

Presidential block of $15B steel merger sparks controversy over national security and U.S.-Japan trade relations.

The proposal by Japan’s Nippon Steel company to buy the venerable 124-year-old steel company based in Pittsburgh had been on ...

We need major U.S. companies representing the major share of U.S. steelmaking capacity to keep leading the fight on behalf of ...

President Joe Biden today blocked the sale of U.S. Steel to Japanese-owned Nippon Steel . He rightly found that the deal ...

The companies condemned the president's decision and hinted at taking legal action, while U.S. Steel's CEO accused Biden of ...

The president says the acquisition could threaten national security. Both steel companies say they will fight the decision.

Joe Biden said the deal would create "risk for our national security and our critical supply chains." President-elect Trump ...

President Biden blocked Nippon Steel's purchase of U.S. Steel, citing national security. President-elect Trump also opposed ...

Biden cites need to ‘level playing field’ in long anticipated blocking of $14.6bn sale likely to roil ties with Tokyo.