Washington Post reports that Biden will block sale of US Steel to Japanese buyer

January 3, 2025
-FCHFX

January 03, 2025 at 04:07AM
Earlier:

Biden to announce Friday on whether he’ll approve Japanese acquisition of U.S. Steel

That report is challenged now by a piece in the Washington Post reporting that Biden will block sale of US Steel to Japanese buyer.

WaPo is gated, but here is the link:

Biden decides to block U.S. Steel sale to Japanese buyer

President
Joe Biden has decided to officially block Nippon Steel’s proposed
purchase of U.S. Steel, a once-iconic American company whose sale to
a foreign buyer he publicly opposed for months, according to two
administration officials who were not authorized to speak publicly
about the matter.

This article was written by Eamonn Sheridan at www.forexlive.com.

Washington Post reports that Biden will block sale of US Steel to Japanese buyer

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