Tokyo, Jan 6, 2025 (AFP) - Japan PM says blocked US Steel deal could hit investments

NAMPA / AFP

2025-01-06

Japan's prime minister on Monday urged Washington to dispel concerns that a decision by Joe Biden to block Nippon Steel's takeover of US Steel could impact future investments. The US president's announcement last week cited a strategic need to protect domestic industry, a move that drew sharp criticism from both companies and Tokyo. A US government panel had failed to reach consensus on whether the $14.9 billion acquisition threatened national se......

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