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.
President Joe Biden last week capitulated to uneconomic thinking by blocking Nippon Steel’s purchase of U.S. Steel. That decision will ultimately harm Minnesota’s Iron Range.
President Joe Biden blocked Nippon Steel’s $14.9 billion acquisition of U.S. Steel, but with Nippon Steel and U.S. Steel ...