WASHINGTON--President Joe Biden has blocked the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U.S. Steel — affirming his earlier vow on the presidential ...

President Joe Biden said Friday he is blocking a $14.3 billion acquisition of US Steel by Japan’s Nippon Steel, marking a significant use of executive authority in the closing days of his ...

In his address to Congress on March 4, President Trump celebrated investments that businesses from Japan, South Korea and ...

Trump’s administration hesitates to mediate between Japan and South Korea, but sustained diplomacy is crucial to maintaining ...

President Joe Biden made the dramatic intervention to officially ... it could put a strain on relations between the US and Japan. The news was first reported by The Washington Post, which cited ...

President Joe Biden bowed to growing protectionist pressures in the United States and formally blocked a Japanese company’s proposed purchase of U.S. Steel, winning praise from the president’s ...

President Joe Biden has decided to block the $14 billion acquisition of U.S. Steel by Japan's Nippon Steel, citing national security concerns, The Washington Post and The New York Times said ...

Trump administration ends Biden-era task force aimed ... are starting to improve with Japan, India and other countries that former U.S. President Joe Biden courted, just as Donald Trump brings ...

US Steel and Nippon Steel threatened legal action Friday after President Joe Biden blocked a controversial $14.9 billion deal for the Japanese company to buy its American rival. Biden cited a ...