‘A very bad signal’: What Biden’s U.S. Steel deal block means for foreign investment
“President Biden claiming Japan’s investment in an American steel company is a threat to national security is a pathetic and craven cave to special interests that will make America less prosperous and safe,” Furman wrote on X, the social media platform formerly known as Twitter. “I’m sorry to see him betraying our allies while abusing the law.”
Biden blocks Nippon Steel’s investment bid in an act of American economic masochism.
President Joe Biden blocked the $15 billion acquisition of U.S. Steel by Japan’s Nippon Steel on Friday — something he had ...
The Committee on Foreign Investment in the United States kicked a decision over the merger with Japan’s Nippon Steel to ...
Nippon Steel sent a new proposal in its bid to buy U.S. Steel, including giving the U.S. government a veto over any reduction ...
A government panel has failed to reach consensus on the possible national security risks of a nearly $15 billion proposed ...
The Committee on Foreign Investment in the United States is reportedly split on whether Nippon Steel's $14.9 billion ...
A dramatic improvement in the prospects for United States Steel (NYSE: X) being sold to a foreign buyer led to a rally in the ...
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