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Biden Was Right To Block U.S. Steel Takeover

U.S. Steel, Its Merger Blocked, Faces Stark Alternatives

The onetime dynamo is fighting to revive a takeover by Nippon Steel. Other tie-ups could also face obstacles, and going it alone could force cutbacks.

The Associated Press - Busines… · 3d

Nippon Steel and U.S. Steel file suit after Biden administration blocks $15-billion deal

Nippon Steel and U.S. Steel are filing a federal lawsuit challenging the Biden administration’s decision to block a proposed nearly $15 billion deal for Nippon to acquire Pittsburgh-based U.S. Steel

MarketWatch on MSN · 3d

U.S. Steel and Nippon Steel file multiple lawsuits after Biden blocks planned merger

A first lawsuit was filed in the U.S. Court of Appeals for the District of Columbia Circuit, “challenging violation of the Constitutional guarantee of due process and statutory procedural requirements,” the companies said in a joint statement.

Japan, U.S. Steel

Hosted on MSN · 10h

U.S. Companies and Investors in Japan Are at Risk From U.S. Steel Backlash

The Biden administration’s blocking of Nippon Steel’s acquisition of U.S. Steel isn’t only misguided. It has also rattled Tokyo and risks straining relations with one of Ame

Barron's · 1d

Steel Setback: Biden Risks Japan Ties, Investment

By blocking the acquisition of US Steel, President Joe Biden has irked Japan, one of Washington's closest allies whose firms are the biggest foreign investors in the United States.

scmp.com · 1d

Japan’s investments in US set to go on despite Nippon Steel’s takeover setback

The assessment by analysts comes after US President Joe Biden blocked Nippon Steel Corp’s US$14.9 billion bid for US Steel Corp.

Canada, orange juice and steel

The Boston Globe · 6m

US orange juice and steel will be on Canada’s list for retaliation if Trump imposes tariffs

Canada is looking at putting retaliatory tariffs if President-elect Donald Trump follows through with his threat to impose 25 percent tariffs on all Canadian products.

Hosted on MSN · 17h

U.S. steel, orange juice on list of Canada’s retaliatory tariffs: Source

A senior government source has told CBC News that a list of potential retaliatory tariffs includes U.S. steel and aluminum, ceramics and orange juice. But they would only be imposed if U.S. president-elect Donald Trump follows through with his tariff threat on Canadian goods.

U.S. News & World Report · 5h

Canada Considers Retaliatory Tariffs on Orange Juice, Other US Goods, Paper Says

Orange juice is largely produced in Trump's home state of Florida. Other items under consideration include ceramic goods, some steel products, glassware, and a slew of plastic articles, The Globe and Mail said,

Nippon Steel lawsuit against Biden could buy time to keep U.S. Steel deal alive

The companies argued in a lawsuit announced on Monday that Biden violated the Constitution by blocking the merger via a sham ...

2don MSN

U.S. Steel sues Biden administration, union boss after president blocks acquisition deal

U.S. Steel and the Japanese firm that had sought to acquire it are suing the Biden administration after the president ...

Biden rejects U.S. Steel-Nippon Steel deal

A government panel failed to reach consensus on national security risks of a proposal for Nippon Steel to purchase U.S. Steel ...

US Steel spat strengthens case for deal guardrails

A 123-year-old steelmaker’s fate could yet become a restraint on modern-day executive power. United States Steel and suitor ...

Japanese steelmaker vows not to give up on buying U.S. Steel

Nippon Steel said it wouldn't be deterred by Biden’s decision last week to block its $15 billion bid for the storied U.S.

1don MSN

US Steel falls as Cliffs CEO hints that US Steel deal may not be best outcome

US Steel (NYSE:X) dropped 1.7% at least party as Cleveland-Cliffs (CLF) CEO Lourenco Goncalves appeared to be less interested ...

Nippon Steel offered the best hope for U.S. Steel’s traditional mills, fed by Minnesota’s ore

President Joe Biden last week capitulated to uneconomic thinking by blocking Nippon Steel’s purchase of U.S. Steel. That decision will ultimately harm Minnesota’s Iron Range.

2don MSN

Nippon Steel and US Steel rival denies bombshell lawsuit claims: 'We are armored through the teeth'

The CEO of Cleveland-Cliffs – a Nippon and U.S. Steel competitor – argues suing his company and the Biden administration is ...

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Biden Was Right To Block U.S. Steel Takeover

Japan, U.S. Steel

Canada, orange juice and steel

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