W ITHIN 24 HOURS on January 6th, two events took place that encapsulate the mixed legacy Joe Biden will leave in America’s relationship with Japan. That afternoon North Korea tested an intermediate-range ballistic missile,
President Biden's executive order blocking a near-$15 billion acquisition of U.S. Steel requires the abandonment of the transaction within 30 days.
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.
President Biden blocked the deal between Nippon and U.S. Steel earlier this month due to "national security" concerns.
U.S. Steel and Nippon Steel said on Monday that it is suing over President Joe Biden's decision to block its sales agreement and a domestic competitor and union over their actions to scuttle the deal.
US President Joe Biden has decided to block the proposed $14.9 billion purchase of US Steel by Japan's Nippon Steel and will announce the move as soon as Friday, according to US media.Biden decided to block the deal despite intense efforts to sway him in recent days by some of his senior advisors,
President Joe Biden plans to announce as soon as Friday that he is blocking a $14.3 billion of US Steel by Japan’s Nippon Steel, according to published reports in the Washington Post and New York Times,
US President Joe Biden on Friday blocked the planned takeover of US Steel by Japan's Nippon Steel on grounds of risks to national security and critical supply chains. "We need major US companies representing the major share of US steelmaking capacity to keep leading the fight on behalf of America's national interests,
US Secretary of State Antony Blinken insisted during a visit to Tokyo on Tuesday that ties with Japan were stronger than ever, days after President Joe Biden blocked Nippon Steel's takeover of US Steel.
President Joe Biden has officially blocked the $14.9 billion takeover of U.S. Steel by Japan's Nippon Steel. Biden said the proposed deal would place one of the largest steel producers in the U.S. under foreign control,
The Committee on Foreign Investment in the United States (CFIUS) spent months reviewing the deal for national security risks but referred the decision to Biden in December, after failing to reach