President Biden blocked the $14 billion takeover of U.S. Steel by Nippon Steel of Japan in an announcement on Friday based on grounds that the sale posed a threat to
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A water tower at the U.S. Steel Corp. Edgar Thomson Works steel mill in Braddock, Pennsylvania, on Sept. 4, 2024. Justin Merriman | Bloomberg | Getty Images President Joe Biden
Joe Biden expected to block $15bn takeover of US Steel Financial Times Biden Plans to Block Takeover Bid of U.S. Steel by Japan’s Nippon The New York Times U.S. Steel Stock Tumbles
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