President Joe Biden blocked the $14.9 billion sale of U.S. Steel to Japanese-based Nippon Steel, citing concerns over national security. Now, local leaders are worried about what this could mean for ...

President Joe Biden rejected the deal between U.S. Steel and Japan's Nippon Steel. The $14 billion acquisition was opposed by ...

The companies could sue the U.S. government, another buyer could swoop in, or those who favor the deal could urge Trump to ...

A senior US official says President Joe Biden's order to block Nippon Steel's acquisition of US Steel will not affect the US-Japan alliance.

President Biden Friday followed through on a promise to block the sale of US Steel to Japanese-owned Nippon Steel, citing national security reasons.