Date: 04 January 2025 , 00:59
News ID: 11625

White House: decision to block Nippon-US Steel deal was about keeping critical business in American hands

me-metals: US President Biden’s decision to block the sale of US Steel was not about slighting Japan, a key Indo-Pacific ally, but about keeping steel production in the United States, White House National Security spokesperson John Kirby said on Friday.

According to me-metals cited from mining.com, “This is about US steel-making and keeping one of the largest steel producers in the United States an American-owned company,” Kirby said.

source: mining.com