Tokyo, Jan 6, 2025 (AFP) - Japan PM calls for US clarity on steel deal security concerns

NAMPA / AFP

2025-01-06

Japan's prime minister called for clarity Monday on why US President Joe Biden blocked a $14.9-billion deal for Nippon Steel to buy US Steel, warning the decision could hit investments. Biden's announcement last week cited a strategic need to protect domestic industry, a move that drew sharp criticism from both companies and Tokyo. "They need to be able to explain clearly why there is a national security concern, or else further discussions on th......

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