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 and investment has irked Washington’s closest ally in Asia
U.S. Steel and Japan's Nippon Steel sued the U.S. government on Monday after President Joe Biden blocked their $14.9 billion merger, citing national security risks.
HARRISBURG, Pa. (AP) - The bid by Japan’s Nippon Steel to buy U.S. Steel may have a new lease on life, even as the potential for a new bid for the storied Pittsburgh steelmaker began to emerge ...
The usually reticent ally is making it clear that it will not go quietly in its fight to overturn President Biden’s decision to block Nippon Steel’s $14.1 billion takeover bid of U.S. Steel, with Prime Minister Shigeru Ishiba warning this week that the rejection could have real consequences for the bilateral relationship,
Some critics have chafed at the decision to reject Nippon Steel's bid for U.S. Steel, saying Washington was treating Japan like it does China, a potential adversary. “When is an ally not a partner?
Separate lawsuits from Nippon Steel and U.S. Steel target President Joe Biden as well as a steelworkers union head and a rival steelmaker’s CEO.
Some critics have chafed at the decision to reject Nippon Steel's bid for U.S. Steel, saying Washington was treating Japan like it does China, a potential adversary. “When is an ally not a partner?
Some critics have chafed at the decision to reject Nippon Steel’s bid for U.S. Steel, saying Washington was treating Japan like it does China, a potential adversary. “When is an ally not a ...
Foreign investment in the U.S. economy is expected to continue, despite the failed bid by Japan’s Nippon to buy U.S. Steel, because the U.S. offers the most economic opportunities.
By Alexandra Alper, Aatreyee Dasgupta and Yuka Obayashi WASHINGTON (Reuters) -U.S. President Joe Biden unlawfully blocked Nippon Steel's $14.9 billion bid for U.S. Steel through a sham national security review,
U.S. Steel and its would-be Japanese suitor Nippon Steel have ... In a lawsuit filed Monday in federal court in Washington, the companies accuse the president of violating their due process rights and interfering with a good-faith regulatory review.
WASHINGTON--A powerful government panel on Monday failed to reach consensus on the possible national security risks of a nearly $15 billion proposed deal for Nippon Steel of Japan to purchase U.S ...