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Steel, Biden and Nippon
U.S. Steel, Its Merger Blocked, Faces Stark Alternatives
The onetime dynamo is fighting to revive a takeover by Nippon Steel. Other tie-ups could also face obstacles, and going it alone could force cutbacks.
Nippon Steel and U.S. Steel file suit after Biden administration blocks $15-billion deal
Nippon Steel and U.S. Steel are filing a federal lawsuit challenging the Biden administration’s decision to block a proposed nearly $15 billion deal for Nippon to acquire Pittsburgh-based U.S. Steel
Nippon Steel and U.S. Steel sue Biden administration over blocked deal
Separate lawsuits from Nippon Steel and U.S. Steel target President Joe Biden as well as a steelworkers union head and a rival steelmaker’s CEO.
Japan, U.S. Steel
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
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.
Japan’s investments in US set to go on despite Nippon Steel’s takeover setback
The assessment by analysts comes after US President Joe Biden blocked Nippon Steel Corp’s US$14.9 billion bid for US Steel Corp.
Canada, orange juice and steel
U.S. steel, orange juice on list of Canada’s retaliatory tariffs: Source
A senior government source has told CBC News that a list of potential retaliatory tariffs includes U.S. steel and aluminum, ceramics and orange juice. But they would only be imposed if U.S. president-elect Donald Trump follows through with his tariff threat on Canadian goods.
US orange juice and steel will be on Canada’s list for retaliation if Trump imposes tariffs
Canada is looking at putting retaliatory tariffs if President-elect Donald Trump follows through with his threat to impose 25 percent tariffs on all Canadian products.
Canada Considers Retaliatory Tariffs on Orange Juice, Other US Goods, Paper Says
Orange juice is largely produced in Trump's home state of Florida. Other items under consideration include ceramic goods, some steel products, glassware, and a slew of plastic articles, The Globe and Mail said,
2d
Nippon Steel lawsuit against Biden could buy time to keep U.S. Steel deal alive
The companies argued in a lawsuit announced on Monday that Biden violated the Constitution by blocking the merger via a sham ...
1d
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.
Business Wire
3d
Nippon Steel and U. S. Steel File Multiple Lawsuits in Response to Wrongful Interference with the Proposed Acquisition of U. S. Steel
Second lawsuit filed in U.S. District Court for the Western District of Pennsylvania against Cleveland-Cliffs, Cliffs’ CEO ...
6d
Biden rejects U.S. Steel-Nippon Steel deal
A government panel failed to reach consensus on national security risks of a proposal for Nippon Steel to purchase U.S. Steel ...
2d
on MSN
U.S. Steel sues Biden administration, union boss after president blocks acquisition deal
U.S. Steel and the Japanese firm that had sought to acquire it are suing the Biden administration after the president ...
1d
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 ...
1d
on 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 ...
1d
Nippon Steel offered the best hope for U.S. Steel’s traditional mills, fed by Minnesota’s ore
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.
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Joe Biden
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