Japan PM Seeks Biden's Assurance on Nippon Steel and US Steel Deal

Reported about 5 hours ago

Japan's Prime Minister Shigeru Ishiba has requested U.S. President Joe Biden to address concerns from both Japanese and American businesses regarding Nippon Steel's proposed acquisition of U.S. Steel. This appeal was made during a recent online meeting, emphasizing the importance of cooperation among allies for economic security. Biden's administration has postponed a decision on the $14.9 billion acquisition following previous national security objections.

Source: YAHOO

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