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US warned Nippon Steel its U.S. Steel bid risks harming American industry

Reuters exclusively reported that the Biden administration told Nippon Steel its $14.9 billion acquisition of U.S. Steel would pose a […] The post US warned Nippon Steel its U.S. Steel bid risks harming American industry appeared first on Reuters News Agency.

Sep 28, 2024 - 01:00
US warned Nippon Steel its U.S. Steel bid risks harming American industry

Reuters exclusively reported that the Biden administration told Nippon Steel its $14.9 billion acquisition of U.S. Steel would pose a national security risk by harming the American steel industry, adding to evidence the U.S. is poised to block it.

The post US warned Nippon Steel its U.S. Steel bid risks harming American industry appeared first on Reuters News Agency.

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