American investment could become less welcome, undermining Japan’s progress on corporate reforms.
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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President Joe Biden has rejected the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based ...
By blocking the acquisition of US Steel, President Joe Biden has irked Japan, one of Washington's closest allies whose firms are the biggest foreign investors in the United States.
But US Steel has said the deal is necessary to help shore up the company’s ailing business, which has been struggling to keep up with cheaper foreign steel – mostly from China – for decades.
Joe Biden said the deal would create "risk for our national security and our critical supply chains." President-elect Trump ...
US President Joe Biden on Friday blocked the planned takeover of US Steel by Japan's Nippon Steel on grounds of risks to ...
Japan's main ruling Liberal Democratic Party is calling on the Japanese government to urge Washington to lift its ban on Nippon Steel's planned takeover of US Steel. The LDP called US President Joe ...