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Joe Biden, U.S. Steel
US rejection of Nippon Steel’s bid for US Steel rankles Washington’s key ally in Asia
BANGKOK (AP) — U.S. President Joe Biden’s decision to reject a bid by Nippon Steel to acquire U.S. Steel on national security grounds 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.
Nippon Steel may sue US government over Biden’s decision to block US Steel acquisition
Nippon Steel, whose multibillion-dollar proposal to buy struggling US Steel was blocked by President Joe Biden last week, says it is considering taking legal action against the US government.
6h
on MSN
Nippon Steel and US Steel rival denies bombshell lawsuit claims: 'We are armored through the teeth'
The CEO of Cleveland-Cliffs – a Nippon and U.S. Steel competitor – argues suing his company and the Biden administration is ...
4h
on MSN
US Steel CEO seeks fresh look from Trump at Nippon deal, says Biden decision 'corrupt'
CEO David Burritt appealed to President-elect Trump on Tuesday to reverse President Biden's "wrongful, shameful, corrupt" ...
4h
on MSN
Leaders say future of Mon Valley is murky as Nippon-U.S. Steel merger stalled for now
Tim White has been working with an organization that works to overcome economic devastation long enough to be fully familiar ...
13h
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 ...
4h
U.S. Steel vs. Nippon: The $14 Billion Legal Showdown Shaking the Steel Industry
But this isn't just a corporate catfightit's about the future of U.S. manufacturing and global steel dominance. Hashimoto ...
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