Government source: 'regrettable' that Nippon Steel decision made due to 'national security concerns'
A Japanese government source told Euronews that the Biden adminstration's decision to block the takeover of US Steel by Japan's Nippon Steel might have an impact on future investments between Japan and the US.
Japan's Nippon Steel offers governmental veto power for U.S. Steel production
Japan-based Nippon Steel has offered to give the U.S. government veto power over any potential reduction in steel output by U.S. Steel if the federal government approves a proposed merger.
Nippon Steel Rejection Shows National Security Means Whatever You Want
For months, United States Steel Corp. argued that selling out to Japanese-owned Nippon Steel Corp. was the only way to survive. President Joe Biden thought different, concluding that even a takeover by a company based in close ally Japan wasn’t enough to allay national-security concerns.
What’s next for Nippon Steel and US Steel after Biden blocks US$15b merger over national security fears?
US Steel, Nippon Steel blast Biden’s block of deal Concerns about US-Japanese relations Union says job risk unfounded WASHINGTON, Jan 4 — US President Joe Biden
"Risk For National Security": Joe Biden Blocks US Steel Sale To Japan's Nippon
US Steel and Nippon Steel threatened legal action after President Joe Biden blocked a controversial $14.9 billion deal for the Japanese company to buy its American rival.
'Incomprehensible,' Ally Japan fumes as Biden blocks Nippon-US Steel deal over 'security concerns'
Nippon Steel plans to pursue legal action after US President Joe Biden blocked its proposed $14.1 billion acquisition of United States Steel Corporation, South China Morning Post reported on Saturday.
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US President Joe Biden has blocked the takeover of US Steel by a bigger Japanese firm, delivering on a political promise ...
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