U.S. Steel Shares Drop Amid Biden's Block on $14B Nippon Deal

U.S. Steel stocks plummet over 8% premarket after President Biden reportedly blocks $14 billion acquisition by Nippon Steel. Discover the impact on the market.

An artistic depiction of falling stock market graphs with a backdrop of U.S. Steel and Nippon Steel
U.S. Steel Shares Drop Amid Biden's Block on $14B Nippon Deal

U.S. Steel shares fell over 8% in premarket due to reports of President Joe Biden blocking a $14 billion takeover by Nippon Steel.

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