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Biden blocks Japans Nippon from taking over US Steel

President Joe Biden said Friday he is blocking a $14.3 billion acquisition of US Steel by Japans Nippon Steel, marking a significant use of executive authority in the closing days of his administration.

Posted by Hicham ALAOUI RIZQ on 2025, Jan 03

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President Joe Biden said Friday he is blocking a $14.3 billion acquisition of US Steel by Japans Nippon Steel, marking a significant use of executive authority in the closing days of his administration.

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