President Joe Biden has blocked the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U.S. Steel — affirming his earlier vow on the presidential campaign trail to ...

A Controversial Steel Deal Halted The U.S. government has stopped a significant business deal involving Japan’s Nippon Steel ...

In opposing the deal on “national security” grounds, the Biden White House and the unions have aligned with Trump’s “America ...

Reactions in Pennsylvania are mixed to President Joe Biden's decision to block the sale of Pittsburgh-based U.S. Steel to Nippon Steel of Japan.

Biden cites national security as a chief reason for his decision, but the steelmakers say the ruling is politically motivated ...

By David Shepardson, Tim Kelly, Andrea Shalal WASHINGTON/TOKYO (Reuters) -U.S. President Joe Biden blocked Nippon Steel's ...

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"U.S. Steel will remain a proud American company — one that's American-owned, American-operated, by American union steelworkers — the best in the world," President Biden said in a statement.

President Biden said he would block the sale of one of America’s most iconic companies to a Japanese firm. In December 2023, Nippon Steel announced it would buy U.S. Steel for more than $14 billion.