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The decision underscores the difficulty of ‘friendshoring’ and could deter some foreign investments in the US, says an expert ...
By blocking the acquisition of US Steel, President Joe Biden has irked Japan, one of Washington's closest allies whose firms are the biggest foreign investors in the United States.
The usually reticent ally is making it clear that it will not go quietly in its fight to overturn President Biden’s decision ...
Nippon Steel said it wouldn't be deterred by Biden’s decision last week to block its $15 billion bid for the storied U.S.
A former Japan trade official believes that talk of a chilling effect on investment may be overblown. Read more at ...
Japanese Prime Minister Shigeru Ishiba was blunt in warning that spoiling the deal might hurt Japanese investment in the U.S.
President-elect Trump has also opposed Nippon Steel's $15 billion acquisition of U.S. Steel, which President Biden blocked ...
Trump will probably try to protect American steelworker jobs with tariffs on imported steel. The last time he did that, it killed more jobs than it saved.
When, on Friday, the Supreme Court hears the Biden administration defend the law that bans TikTok, the justices should remember what the administration said the previous Friday: “National security” ...
President Joe Biden blocked Nippon Steel’s $14.9 billion acquisition of U.S. Steel, but with Nippon Steel and U.S. Steel ...
Now is the time to step on the accelerator on wages and investment in order to transition to a growth-oriented economy,' said ...