How Swing State Politics Are Sinking a Global Steel Deal
Posted inChina Japan Mergers, Acquisitions and Divestitures Nippon Steel Corporation Pennsylvania Presidential Election of 2024 Protectionism (Trade) United States Economy United States International Relations United States Politics and Government United States Steel Corporation

How Swing State Politics Are Sinking a Global Steel Deal

As the Biden administration nears a decision to block the proposed acquisition of U.S. Steel, the debate over national and economic security is being dwarfed by presidential politics.
Biden Expected to Block U.S. Steel Takeover
Posted inBiden, Joseph R Jr Committee on Foreign Investment in the United States (CFIUS) Foreign Investments Harris, Kamala D Japan Mergers, Acquisitions and Divestitures Nippon Steel Corporation Pennsylvania Presidential Election of 2024 Steel and Iron United States Economy United States Politics and Government United States Steel Corporation Yellen, Janet L

Biden Expected to Block U.S. Steel Takeover

The Committee on Foreign Investment in the United States is expected to raise national security concerns about selling the iconic steel producer to Japan’s Nippon Steel.