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Biden Blocks Japanese Steelmaker's US Acquisition
President Joe Biden blocked Nippon Steel's \$14.1 billion acquisition of U.S. Steel on Friday, citing national security concerns, prompting criticism from Japan and the companies involved, who plan legal action.
Biden Blocks Japanese Steelmaker's US Acquisition
President Joe Biden blocked Nippon Steel's \$14.1 billion acquisition of U.S. Steel on Friday, citing national security concerns, prompting criticism from Japan and the companies involved, who plan legal action.
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