Nippon Steel Says US Electoral Politics Undermines Investment Committee's Credibility

NAMPA / Sputnik

2025-01-15

MOSCOW, January 15 (Sputnik) - The vice chairman and representative director of Japan's largest steelmaker Nippon Steel, Takahiro Mori, has said that the credibility of the Committee on Foreign Investment in the United States (CFIUS) is being undermined by electoral politics guiding the US transaction process with foreign acquirers. In early January, outgoing US President Joe Biden blocked the nearly $15 billion sale of the US Steel Corporation t......

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