At the strategic level, the U.S.-Japan relationship has never been stronger. The two countries share democratic values, and they also realize that a common front is needed against a resurgent, even threatening, People's Republic of China.However, at the business level, one notable challenge remains: a positive resolution of the Nippon Steel-U.S. Steel deal, announced in December, which has now hit a snag.
We wanted to see if Mitsubishi and other Japanese companies would be interested in potentially investing and reopening one of those shipyards and being part of building Navy, commercial and Coast Guard ships.'In fact, the Biden administration is open to critical investment from other trusted allies; Del Toro has delivered a similar message to shipbuilders in Australia, Italy, and South Korea.If U.S.