President Blocks Japan Steel Deal

This is a Japan news story, published by Esquire, that relates primarily to Nippon Steel news.

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White House official

Esquire

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This Was a Boss Political Move by Joe Biden

Summary

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71% Informative

Nippon Steel would buy U.S. Steel from Japan for $14.9 billion .

The deal has been under investigation by the interagency Committee on Foreign Investment in the United States ( CFIUS ) for potential national security implications.

The president lined up against it in March , and the United Steelworkers are vigorously opposed.

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English

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