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An icon in the shape of a lightning bolt. Impact Link Shares in US Steel fell on Friday after President Joe Biden blocked a $14 billion takeover by Nippon Steel. In a statement, Biden said a ...

Domestic steel production is essential to U.S. security, Biden said. President Joe Biden on Friday announced a decision to block the $14 billion acquisition of U.S. Steel by Japan-based Nippon ...

President Joe Biden controversially blocked the nearly $15 billion proposed acquisition of Pittsburgh-based US Steel by Japan ... was made due to national security concerns," added the government ...

President Joe Biden on Jan. 3 blocked the $15-billion sale of U.S. Steel Corp. to Nippon Steel Corp. under the federal Defense Production Act—citing national security concerns and "credible ...

proposed $14.9 billion acquisition of US Steel (X), citing various national security concerns and risks. George Mason University Founder and Executive Director of the National Security Institute ...

including by ensuring that American companies continue to play a central role in sectors that are critical for our national security," the president's statement said. Nippon Steel and U.S. Steel ...

President Joe Biden officially blocked Nippon Steel’s proposed $14.9 billion purchase of US Steel on Friday, citing national security concerns — dealing a potentially fatal blow to the ...

US Steel's £11.4billion sale to a Japanese rival has been blocked by Joe Biden on national security grounds. Shares in the American giant fell around 7 per cent in response to the outgoing US ...

President Biden is blocking Nippon Steel's $14.9 billion takeover of U.S. Steel, citing national security concerns. Biden said in a statement that domestic ownership and control of steelmaking ...

Biden, however, cited steps his administration has taken to strengthen the steel industry in the United States while warning that national security concerns if such a prominent steel company was ...