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Debate Over Nippon Steel's Acquisition of U.S. Steel Sparks Concerns About Foreign Ownership and National Security /
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2024-05-06 13:00:19

Debate Over Nippon Steel's Acquisition of U.S. Steel Sparks Concerns About Foreign Ownership and National Security on Nostr: EU Approves Nippon Steel's $14.9 Billion Acquisition of U.S. Steel Despite Opposition ...

EU Approves Nippon Steel's $14.9 Billion Acquisition of U.S. Steel Despite Opposition from Biden
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#3f84714e ver:0.85

EU approves Nippon Steel's $14.9B acquisition of U.S. Steel despite Biden's opposition. Senators call for investigation, labor union and regulatory reviews pose hurdles. Acquisition seen as defense against China's steel dominance. Biden pledges to block deal and seek higher tariffs on Chinese steel. White House confirms security review will proceed. Blocking deal harms shareholders, workers, and economy. Importance of foreign investment emphasized. Acquisition approved by EU, DOJ requests more details for antitrust review. #steelindustry #foreigninvestment #economicgrowth #tariffs...

#newstr #Eu #NipponSteel #UsSteel #Acquisition #AntitrustReview

https://here.news/story/3f84714e?ver=0.85
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