In prohibiting the sale last week, Biden said foreign ownership of U.S. Steel could jeopardize domestic supply chains and compromise national security. "Without domestic steel production and ...
US Steel has gone to court to salvage its sale to a Japanese steelmaker. President Biden moved to block that sale last week, citing national security concerns. U.S. Steel is going to court to try ...
This brings us back to what Biden did about the United States Steel sale. Here we can see how an industrial policy with an emphasis on national security works, and how Biden’s decision would ...
In prohibiting the sale last week, Biden said foreign ownership of U.S. Steel could jeopardize domestic supply chains and compromise national security. "Without domestic steel production and domestic ...
Jan. 6 (UPI) --U.S. Steel and Nippon Steel said on Monday that it is suing over President Joe Biden's decision to block its sales agreement and a domestic competitor and union over their actions ...
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. The two companies allege ...