President Joe Biden blocked the USD 15 billion acquisition of US Steel by Japan's Nippon Steel on Friday something he had ...
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President Joe Biden has blocked the proposed sale of the Pennsylvania-based U.S. Steel Corporation to a Japanese company.
With roots dating to the late 19th century, Pittsburgh-based U.S. Steel has produced the materials used for everything from the nation's bridges and skyscrapers to its tanks and battleships.
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Biden said in an order that he believes there is credible evidence that through the proposed acquisition of the United States Steel Corporation, Nippon Steel Corporation might take action that could ...
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