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US Steel, Nippon sue Biden over move to block $14B deal

Hosted on MSN · 1d

Does Nippon Steel's bid to buy US Steel threaten national security? Experts weigh in

President Biden blocked Nippon Steel's acquisition of U.S. Steel citing national security concerns, a rationale which has drawn criticism from the companies and other observers.

CNN on MSN · 1d

Biden killed US Steel deal even though some US officials rejected national security concerns

President Joe Biden decided to block the $14 billion takeover of US Steel by Japan’s Nippon Steel even though some top US officials did not believe there were sufficient national security grounds to kill the deal,

New York Post on MSN · 1d

US Steel, Nippon sue Biden over move to block $14B deal: ‘Shameful and corrupt’

The lawsuit, filed in a federal court in Washington, accused Biden and senior administration officials of corrupting the deal’s review process, and harming American steel workers by blocking the

Japan, U.S. Steel

NBC News on MSN · 2h

Japanese steelmaker vows not to give up on buying U.S. Steel

Nippon Steel said it would not be deterred by President Joe Biden’s decision last week to block its $15 billion bid for the storied U.S. steelmaker.

U.S. Steel sues to salvage its sale to Japan's Nippon Steel

U.S. Steel and its would-be Japanese suitor filed twin lawsuits Monday to defend their $15 billion merger. President Biden issued an order on Friday to block the deal, citing national security concerns.

U.S. News & World Report · 1d

Blinken Visits Japan as Nippon Steel Decision Weighs on Relations

U.S. President Joe Biden's decision to block Nippon Steel's $14.9 billion bid for U.S. Steel casts a shadow over Secretary of State Antony Blinken's visit to Japan on Tuesday for farewell meetings with Washington's most important ally in Asia.

The Nation on MSN10h

Biden Was Right to Block the US Steel Takeover

Even if losing domestic sources of primary steel does not seem like a national security threat today, it might tomorrow.

16hon MSN

US rejection of Nippon Steel's bid for US Steel rankles Washington's key ally in Asia

President Joe Biden's decision to reject a bid by Nippon Steel to acquire U.S. Steel isn't the first time friction over trade ...

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