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Nippon Steel

Biden cites national security as he blocks Nippon Steel's $15 billion purchase of U.S. Steel

Quartz

qz.com › biden-block-nippon-us-steel-merger-security-trump-1851731822

President Joe Biden has blocked Nippon Steel’s $15 billion acquisition of U.S. Steel (X), citing potential risks to national security from placing one of the U.S.’s biggest steel companies under foreign control.

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