The decision underscores the difficulty of ‘friendshoring’ and could deter some foreign investments in the US, says an expert ...
The assessment by analysts comes after US President Joe Biden blocked Nippon Steel Corp’s US$14.9 billion bid for US Steel Corp.
Japan-based Nippon Steel has offered to give the U.S. government veto power over any potential reduction in steel output by U ...
Nippon Steel is poised to expand its operations in the U.S. and India as it hunts for growth and protection from cheap ...
President Joe Biden decided to block the $14 billion takeover of US Steel by Japan’s Nippon Steel even though some top US ...