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U.S. Steel turns to Trump to save Nippon deal

US Steel spat strengthens case for deal guardrails

A 123-year-old steelmaker’s fate could yet become a restraint on modern-day executive power. United States Steel and suitor Nippon Steel have gone to court over U.S. President Joe Biden’s decision to nix their $15 billion deal.

TribLIVE.com · 7h

Trump might still have sway in U.S. Steel-Nippon deal

President-elect Donald Trump’s comments Tuesday, touting a United Arab Emirates company’s planned $20 billion investment in U.S. data centers, could spark hope for the proposed takeover of U.S. Steel by Japan’s Nippon Steel.

The Financial Times · 1d

Nippon Steel bets on Trump to salvage $15bn US deal

Nippon Steel and US Steel are betting Donald Trump can be persuaded to back their $15bn deal, accusing President Joe Biden of blocking the transaction to win union support in last year’s presidential election.

U.S. Steel, Biden

Hosted on MSN · 15h

Yellen says CFIUS made thorough analysis of blocked US Steel-Nippon Steel merger

U.S. Treasury Secretary Janet Yellen said on Wednesday that Nippon Steel's planned acquisition of U.S. Steel received a "thorough analysis" by an interagency review body that was sent to President Joe Biden,

The New York Times · 2d

U.S. Steel and Nippon Sue Biden Over Decision to Block Merger

U.S. Steel and Japan’s Nippon Steel sued the United States government on Monday in a last-ditch attempt to revive their attempted merger after President Biden blocked it last week on the basis that the transaction posed a threat to national security.

ABC News on MSN · 2d

US Steel and Nippon Steel sue Biden administration over blocked merger

U.S. Steel and Japan-based Nippon Steel sued the Biden administration on Monday over a decision made last week to block a merger between the two companies. A proposed acquisition of the second-largest domestic steel producer by Nippon for nearly $15 billion would threaten U.S. national security, the Biden administration said.

Japan, U.S. Steel

Hosted on MSN · 3h

U.S. Companies and Investors in Japan Are at Risk From U.S. Steel Backlash

The Biden administration’s blocking of Nippon Steel’s acquisition of U.S. Steel isn’t only misguided. It has also rattled Tokyo and risks straining relations with one of Ame

Reuters · 1d

Despite Nippon Steel, US and Japan say ties stronger than ever

The foreign ministers of Japan and the United States said their countries' ties were stronger than ever on Tuesday, even after Japan's prime minister called U.S. President Joe Biden's decision to block Nippon Steel's $14.

Barron's · 1d

Steel Setback: Biden Risks Japan Ties, Investment

By blocking the acquisition of US Steel, President Joe Biden has irked Japan, one of Washington's closest allies whose firms are the biggest foreign investors in the United States.

2don MSN

Biden killed US Steel deal even though some US officials rejected national security concerns

President Joe Biden decided to block the $14 billion takeover of US Steel by Japan’s Nippon Steel even though some top US ...

2don 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 acquisition and ...

Japanese steelmaker vows not to give up on buying U.S. Steel

Nippon Steel said it wouldn't be deterred by Biden’s decision last week to block its $15 billion bid for the storied U.S.

Taiwan navy shows off its steel with simulated attack exercise

Taiwan's navy simulated on Thursday an effort to see off enemy ships as it wrapped up three days of New Year drills, sending ...

2don 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 ...

Steel Haze Ortus From ‘Armored Core VI’ Is Getting A New Toy

In a strange move, another design from the end of 'Armored Core VI' that most players haven’t seen is getting a Robot ...

22hon MSN

US Steel falls as Cliffs CEO hints that US Steel deal may not be best outcome

US Steel (NYSE:X) dropped 1.7% at least party as Cleveland-Cliffs (CLF) CEO Lourenco Goncalves appeared to be less interested ...

Indian Steel Titan’s Coal Deal Frozen Amid Mozambique Legal Row

India’s largest steelmaker has been sidelined by a legal dispute that’s derailed its deal to buy a coal concession in ...

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U.S. Steel turns to Trump to save Nippon deal

U.S. Steel, Biden

Japan, U.S. Steel

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