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Biden blocks US steel acquisition NHK

US President Joe Biden has announced he has issued an order to block the buyout of US Steel by Japan's Nippon Steel.

The Biden administration says the acquisition could pose a threat to US national security.
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Summary
U.S. President Joe Biden blocks purchase of US Steel by Nippon Steel over potential national security concerns. Biden administration cites threat to U.S. security as rationale for intervention.
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Details

ID: b1acb929-d2d8-4627-91ca-484ff167fdf8

Category ID: nhk

URL: https://www3.nhk.or.jp/nhkworld/en/news/20250103_18/

Date: Jan. 3, 2025

Created: 2025/01/04 07:00

Updated: 2025/12/08 07:26

Last Read: 2025/01/04 15:32

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