Biden Blasts Planned Sale Of U.S. Steel To Japanese Company
U. S. Steel(X) Forbes·2024-03-14 21:58
ToplinePresident Joe Biden will speak out Thursday against the proposed $14 billion acquisition of United States Steel by Tokyo-based Nippon Steel, multiple outlets reported, a deal that is currently under federal scrutiny after raising national security concerns from the White House.The $14.9 billion all-cash proposed deal was announced in December, quickly drawing criticism from ... [+] legislators—and Biden is now speaking out against selling the “iconic” company.Copyright 2019 The Associated Press. All ...