News & Analysis as of September 18, 2024

Joe Biden

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Biden Poised to Block Nippon Steel’s Acquisition of U.S. Steel, Citing National Security Concerns

HaystackID on 9/9/2024

President Joe Biden is reportedly poised to formally block the proposed $14.9 billion acquisition of U.S. Steel by Japan’s Nippon Steel, a decision anticipated to have significant implications for the American steel industry...more

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Acquisitions › Japan › Joe Biden

Biden Poised to Block Nippon Steel’s Acquisition of U.S. Steel, Citing National Security Concerns

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