President Joe Biden has blocked the $14.3 billion acquisition of U.S. Steel by Japan’s Nippon Steel, marking a significant use of executive authority in the closing days of his administration. VIDEO ...

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President Joe Biden’s decision to block Nippon Steel Corp.’s $14.1 billion takeover of United States Steel Corp. has sparked ...

The president said he was moving to protect national security in deciding the fate of the iconic Pennsylvania-based company, ...

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Statement from President Joe Biden As I have said many times, steel production—and the steel workers who produce it—are the ...

(THE CONVERSATION) Amid heightened tensions between the United States and China, the two countries signed a bilateral science and technology agreement on Dec. 13, 2024. The event was billed as a ...

A government panel failed to reach consensus on national security risks of a proposal for Nippon Steel to purchase U.S. Steel, leaving the decision to the president.

President Joe Biden has decided to block the sale of United States Steel Corp. to Japan’s Nippon Steel Corp., according to ...