Business groups fear political pressure influencing US review of Nippon

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Nippon Steel News

National Foreign Trade Council,CFIUS,United States Council For International Business

The Committee on Foreign Investment in the United States (CFIUS) told the companies in an Aug. 31 letter seen by Reuters the deal would damage American steel...

- A number of U.S. business groups on Wednesday sounded the alarm that the Biden administration's national security review of Nippon Steel's planned $14.9 billion acquisition of U.S. Steel is being unduly influenced by political pressure.

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U.S. Steel's proposed $14.9 billion merger with Nippon SteelThe White House is set to announce that President Joe Biden will block Nippon Steel's $14.9 billion bid for the U.S. Steel citing national...
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