Nippon Steel announced the $14 billion deal last December, raising concerns about national security and the fate of American union workers.
Joe Biden, Fumio Kishida downplay rift over Nippon Steel acquisition of U.S. Steel
→
Nippon Steel announced in December that it planned to buy the Pittsburgh-based steel producer for $14.1 billion in cash, raising concerns about what the transaction could mean for unionized workers, supply chains and U.S. national security.
Biden knocks sell of US Steel to Japanese firm, citing the need for 'American steel workers'
→