President Biden blocked Nippon Steel's (NPSCY, 5401.T) $14.9 billion bid for US Steel (X) on Friday, even after the Japan-based company submitted a new buyout proposal to the US administration ...

This is a portion of US Steel's Edgar Thomson Works in Braddock, Pa., on Sunday, Apr., 28, 2024. Credit: AP/Gene J. Puskar ...

US Secretary of State Antony Blinken insisted during a visit to Tokyo on Tuesday that ties with Japan were stronger than ever ...

Automakers' lobbying groups indicated support for the acquisition under the belief it would've increased supply and offered ...

Many in Japan see the decision as a betrayal by Washington after decades of U.S. pressure to lift barriers to investment and trade.

By Nantoo Banerjee Unbelievable but true. The government of the United States of America, supposedly the vanguard of modern ...

Foreign Pollution Fee Act to be introduced by Senator Bill Cassidy (R-LA) and Senator Lindsey Graham (R-SC). It would impose a tariff on high carbon intensity imports.

Such “gai-atsu,” or foreign pressure, led Japanese automakers and other manufacturers chose to ... from greater openness.PREVIOUS COVERAGE OF US STEEL AND NIPPON STEEL BELOW: BANGKOK (AP ...

India has updated its PLI scheme for specialty steel to improve its domestic production capacities and attract investments ...

By blocking the acquisition of US Steel, President Joe Biden has irked ... This will certainly put up a hurdle for Japanese firms, especially manufacturers, doing business over there," Yajima ...

President Joe Biden’s decision to thwart a Japanese firm from buying U.S. Steel doesn’t pen an obituary for the ...

US Steel and Nippon Steel argued in their suit ... would “certainly create a hurdle for Japanese firms, especially manufacturers, to do business over there”. Blinken, however, focused on ...