New York, Dec 24, 2024 (AFP) - US panel could not reach consensus on US-Japan steel deal: report

NAMPA / AFP

2024-12-24

A US government panel could not reach consensus on whether US Steel's acquisition by Japan's Nippon Steel threatened Washington's national security, with the White House now likely to block the deal, a report said Monday. The Committee on Foreign Investment in the United States (CFIUS), which vets such acquisitions, was deadlocked on the controversial $14.9 billion transaction, reported the Washington Post late Monday, citing two sources who desc......

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