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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 ...

President Joe Biden's decision to reject a bid by Nippon Steel to acquire U.S. Steel isn't the first time friction over trade ...

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 ...

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.

President Joe Biden blocked Nippon Steel’s $14.9 billion acquisition of U.S. Steel, but with Nippon Steel and U.S. Steel ...

The Japanese firm’s planned purchase of its U.S. rival was blocked last week by President Joe Biden after a year of ...

Japan’s three largest business groups vowed to accelerate wage hikes this year at a New Year's event, where they laid out key problems facing the nation's economy. Among the issues is United States ...