In a joint statement, Nippon and U.S. Steel called Biden’s decision “a clear violation of due process and the law'' and suggested they would sue to salvage their deal: “We are left with no choice but to take all appropriate action to protect our legal rights.‘’

Joe Biden’s decision to block Nippon Steel’s acquisiton of U.S. Steel may have gone against the advice of top aides.

Citing national security concerns, President Joe Biden has blocked the sale of U.S. Steel to Japanese-based Nippon Steel Corporation. The $15 billion deal, more than a year in the