US President Joe Biden has vetoed Nippon Steel's $14.9-billion takeover bid for its American rival, US Steel. Amid bipartisan opposition to the merger, DW asks why US politicians and regulators are ...

Biden and Donald Trump, who is set to take office later this month, had opposed the deal, and the Biden administration told Nippon Steel in a letter in September that the deal would pose a national ...

President Joe Biden officially announced on Friday he has blocked Nippon Steel's $14.1 billion purchase of U.S. Steel, ...

President Joe Biden’s decision Friday to block the sale ... President-elect Donald Trump and Vice President-elect JD Vance both also opposed the sale of U.S. Steel. But it drew brickbats ...

giving Biden the green light to block the transaction. The steel companies said the rejection was muddled in politics with former President Donald Trump and legislators weighing on having arguably ...

President Biden announced Friday he would block the sale ... Steel following a yearlong review of the potential acquisition. “We need major U.S. companies representing the major share of US ...

Losing the Nippon-U.S. Steel ... Donald Trump had already come out against the Nippon takeover. “As President,” he wrote last month on his Truth Social platform, “I will block this deal ...

President Joe Biden has decided to block the sale of United States Steel Corp. to Japan’s Nippon ... and raising questions over the future of a US industrial giant. The White House is planning ...

After a year of intense debate, it's now up to President Joe Biden whether to allow the sale ... Donald Trump came out against it, Biden followed suit, saying he believed U.S. Steel should remain ...

Monday was the deadline to approve the deal, recommended that Biden block it or extend the review process. Both Biden and President-elect Donald Trump have ... to block US Steel purchase by ...

Biden has previously said he wants U.S. Steel to stay domestically owned and run, while President-elect Donald Trump has vowed to block a foreign takeover of the storied American firm after he ...

Trump has also opposed the acquisition and vowed earlier this month on his Truth Social platform to “block ... steel compete in an industry dominated by the Chinese.The proposed sale came ...