We believe he blocked our deal over electoral politics, not security.
The proposed deal kicked up an election year political maelstrom across America’s industrial heartland and quickly drew vows by Biden and Trump from the campaign trail in a critical battleground state ...
American solution” to save U.S. Steel. He said he would relocate Cleveland-Cliffs’ headquarters to Pittsburgh, keep the U.S.
The bid by Japan’s Nippon Steel to buy U.S. Steel may have a new lease on life after the Biden Administration extended a deadline for the Japanese steelmaker to abandon plans to acquire the storied ...
U.S. Steel and Nippon have been working since the end of 2023 on this proposal. Biden announced he is blocking it on January 3rd. The two companies then filed federal lawsuits.
The argument is even less credible considering Japan hosts more than 50,000 US troops and in 2023 changed its laws so ...