Biden Halts U.S. Steel Sale to Nippon Over Security Concerns

President Joe Biden blocks United States Steel Corp. sale to Nippon Steel Corp., citing national security. Explore the implications for U.S. industry.

A stylized image of steel beams with the American flag subtly overlaid, representing U.S. industrial
Biden Halts U.S. Steel Sale to Nippon Over Security Concerns

President Joe Biden blocked the sale of United States Steel Corp. to Japanese-owned Nippon Steel Corp., citing national security concerns.

Source