President Joe Biden's announcement that he would block Nippon Steel’s acquisition of U.S. protects the domestic steel industry and national security.

WASHINGTON − President Joe Biden on Friday blocked the sale of U.S. Steel to a Japanese buyer in an extraordinary use of presidential power he said protects an American industry vital to ...

President Joe Biden officially blocked Nippon Steel’s proposed $14.9 billion purchase of US Steel on Friday, citing national security concerns — dealing a potentially fatal blow to the ...

Biden’s U.S. Steel move blots his far-from-stainless trade record By blocking the U.S. Steel deal, Joe Biden showed he’s a Donald Trump mini-me on protectionism.

Both Biden and President-elect Donald Trump have courted unionized workers at U.S. Steel and vowed to block the acquisition amid concerns about foreign ownership of a flagship American company.

President Joe Biden’s blocking of a Japanese company’s bid to purchase U.S. Steel overrode the advice of numerous top aides, ending a long-running debate that had divided the president’s ...

President Joe Biden blocked Japanese company Nippon Steel's attempt to purchase iconic American steel producer U.S. Steel after months of scrutiny and bipartisan opposition to the $14 billion ...

President Joe Biden's decision to block Nippon Steel's takeover of U.S. Steel cheered environmental advocates who said Nippon's deal was bad for the climate.

WASHINGTON — President Joe Biden is preparing to announce that he will formally block Nippon Steel’s proposed $14.9 billion acquisition of U.S. Steel, two people familiar with the matter ...