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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.

The Associated Press - Busines… · 3d

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

The Washington Post on MSN · 3d

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

Hosted on MSN · 12h

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

Barron's · 1d

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.

scmp.com · 1d

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, Trump and steel

Hosted on MSN · 19h

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.

The Boston Globe · 2h

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.

CNN · 47m

Trump’s threat to make Canada the 51st state a distraction from tariff fallout, Trudeau says

Canadian Prime Minister Justin Trudeau said Thursday that President-elect Donald Trump’s comments about turning Canada into the United States’ 51st state are just a distraction from the consequences of Trump’s tariff threats.

3hon MSN

McConnell: Biden selling out to Big Labor by blocking US Steel deal

Sen. Mitch McConnell (R-Ky.) argued President Biden is selling out to Big Labor by blocking the sale of U.S. Steel to ...

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 ...

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.

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 ...

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 ...

2don 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 ...

1don 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 ...

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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Steel, Biden and Nippon

Japan, U.S. Steel

Canada, Trump and steel

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