Nippon Steel and US Steel sue Biden administration over blocked $15 billion deal
Nippon Steel and US Steel have sued the Biden administration for blocking their $15 billion merger, claiming the decision was politically motivated and violated their rights. President Biden cited national security concerns as the reason for the block, emphasizing the importance of a strong domestic steel industry.
Nippon Steel and US Steel have sued the Biden administration for blocking their $15 billion merger, claiming the decision was politically motivated and violated their rights. President Biden cited national security concerns as the reason for the block, emphasizing the importance of a strong domestic steel industry. What's Your Reaction?
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