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Biden, Nippon Steel
Biden's Nippon Steel block shows how unions and workers can be at odds
President Biden blocked Japan's Nippon Steel from buying U.S. Steel last week, earning the approval of the United Steelworkers union, which desperately wanted the deal crushed. But steel workers themselves may be less than enthused.
US Steel and Nippon sue Biden administration, Steelworkers union and Cleveland-Cliffs over their blocked merger
US Steel and Nippon, whose $14.3 billion merger was blocked by President Joe Biden last week, filed a lawsuit against the US government Monday, claiming Biden’s executive order to bar the companies from combining was signed for “purely political reasons.
Biden Blocks Nippon Steel's US Acquisition: Trade Tensions Erupt Again
President Biden's rejection of Nippon Steel's bid for US Steel on national security grounds has heightened trade tensions between the US and Japan. The decision, seen by some in Japan as a betrayal after years of US pressure to lift trade barriers,
3h
on MSN
Nippon Steel stands firm on a US Steel takeover and denies risks cited by Biden
Nippon Steel Chief Executive Eiji Hashimoto says the top Japanese steelmaker is standing firm on its proposed $15 billion ...
13h
on MSN
Nippon Steel and U.S. Steel file lawsuits over handling of blocked deal
Separate lawsuits from Nippon Steel and U.S. Steel target President Joe Biden as well as a steelworkers union head and a ...
13h
Nippon Steel lawsuit against Biden could buy time to keep U.S. Steel deal alive
The companies argued in a lawsuit announced on Monday that Biden violated the Constitution by blocking the merger via a sham ...
1h
on MSN
US rejection of Nippon Steel’s bid for US Steel rankles Washington’s key ally in Asia
President Joe Biden's decision to reject a bid by Nippon Steel to acquire U.S. Steel isn't the first time friction over trade ...
11h
Nippon Steel’s Thwarted Bid Sets Up Tougher Rivalry With Chinese Mills
Nippon Steel Corp.’s thwarted bid to expand in the US could mean tougher competition for Chinese mills in an already ...
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U.S. Steel
Biden
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