Team Biden is doing so many strange things on its way out the door that nobody should have been surprised that President Joe Biden (or whoever calls the shots) rejected Nippon Steel’s bid to buy US Steel.  The White House declared the deal was a threat to national security. Nevertheless, most of the Committee on Foreign Investment in the United […] The post Nippon Steel and US Steel: One last chance, Mr Trump appeared first on Asia Times.

Asia Times

Hong Kong

Nippon Steel and US Steel: One last chance, Mr Trump

US Steel is the third largest steel producer in the country, behind Nucor and Cleveland-Cliffs, and is a key producer for the U.S. energy, military, and transportation sectors

A US Steel é a terceira maior produtora de aço do país, atrás da Nucor e da Cleveland-Cliffs, sendo uma produtora-chave para os setores energético, militar e de transporte dos EUA

FT: Nippon Steel aposta em Trump para salvar aquisição de US$ 15 bilhões

Globo

Roberto Irineu Marinho

Brazil

FT: Nippon Steel bets on Trump to save US$ 15 billion acquisition

Trump opposes U.S. Steel's sale to Nippon, but CEO David Burritt believes he can convince the president-elect that the deal is in the interest of U.S. workers.

Ad Fontes Media

All Sides

Media Bias/Fact Check

CNBC

Roberts family

United States

U.S. Steel CEO calls for Trump to take fresh look at Nippon deal, slams Biden decision as corrupt

A former Japan trade official believes that talk of a chilling effect on investment may be overblown.

The Straits Times

Singapore Press Holdings

Singapore

US Steel buyout: Biden’s veto of Nippon Steel’s bid tests US-Japan alliance

President-elect Trump has also opposed Nippon Steel's $15 billion acquisition of U.S. Steel, which President Biden blocked last week.

NBC News

U.S. Steel CEO appeals to Trump after Biden blocks deal with Japanese firm

Nippon Steel Blockade: U.S.-Japan Tensions and Trilateral Relations  In a recent diplomatic exchange, the U.S. and Japan have reaffirmed their unwavering alliance after President Joe Biden blocked a significant merger between Nippon Steel and U.S. Steel. Despite Japan's perplexity over the decision, foreign ministers Antony Blinken and Takashi Iwaya emphasized the robust nature of U.S.-Japan relations.The controversial move has sparked a lawsuit…

Devdiscourse

India

Nippon Steel Blockade: U.S.-Japan Tensions and Trilateral Relations

Japan's Nippon Steel CEO Eiji Hashimoto said Tuesday U.S. President Joe Biden's decision to block its acquisition of United States Steel was politically motivated, while stressing the company has no intention to give up on the takeover deal.Hashimoto

CGTN

Chinese Communist Party

Beijing

China

Japan's Nippon Steel will not give up on U.S. Steel: CEO

After being named in a separate Nippon Steel and U.S. Steel lawsuit against the Biden administration’s decision to block the nearly $15 billion buyout deal, the CEO of Cleveland-Cliffs is speaking out over its racketeering and anti-competitiveness allegations."My response [will] be given in court. And I have never had so much time to prepare for a lawsuit that I knew that was coming. So we are armored through the teeth and the Japanese will lear…

Fox Business

Murdoch family

Nippon Steel and US Steel rival denies bombshell lawsuit claims: 'We are armored through the teeth'

The United States Steel Corporation and Japan’s Nippon Steel have filed lawsuits against the Biden administration, the United Steelworkers (USW), and Cleveland-Cliffs after President Joe Biden blocked a proposed $15 billion acquisition of U.S. Steel by Nippon Steel. The lawsuits accuse Biden of interfering with the deal to curry favor with the USW during his final weeks in office. U.S. Steel and Nippon Steel argue that the Committee on Foreign I…

American Faith

U.S. Steel and Nippon Steel Sue Biden Administration Over Blocked Acquisition - American Faith

WASHINGTON—Nippon Steel and US Steel filed a federal lawsuit Monday challenging a Biden administration decision to block Nippon’s proposed $15 billion acquisition of the Pittsburgh company and said that the head of the Steelworkers union and a rival steelmaker worked together to scuttle the buyout. In moving to block the…

Nippon Steel and US Steel: One last chance, Mr Trump

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