Some experts say blocking the deal could undermine U.S.-Japan cooperation on national security, and put the lie to the notion of “ally shoring.” Read more
Buyers and sellers of assets were taking more time analyzing political trends and scrutinizing whether a target is in an industry that might trigger intervention. Read more
The U.S. government is concerned that U.S. Steel would be less likely to seek tariffs on foreign steel importers if it is under the ownership of the Japanese steelmaker. Read more
U.S. President Joe Biden is set to reject Nippon Steel’s acquisition of the American steelmaker, according to multiple unconfirmed reports released in recent days. Read more
Nippon Steel released a statement Tuesday arguing that the Japanese firm’s planned acquisition of U.S. Steel would benefit the United States. Read more
China’s steel exports rose 24% to 53.4 million tons in the first half of 2024, on track for 100 million tons for the year. Read more
U.S. Steel shareholders on Friday approved its proposed $14.9 billion acquisition by Japan's Nippon Steel, taking the merger one step closer to completion even as political opposition t... Read more
Days after U.S. President Joe Biden joined his election rival Donald Trump in voicing concern about a Japanese purchase of U.S. Steel, the manufacturer began touting the benefits of the deal... Read more
A group representing major automakers on Friday urged the White House to oppose any effort by steelmaker Cleveland-Cliffs to buy rival U.S. Steel, warning that a deal could result in anti-co... Read more
U.S. President Joe Biden's opposition to Nippon Steel's proposed acquisition of United States Steel does not hurt Tokyo and Washington's relationship, U.S. National Security C... Read more
