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"U.S. Steel, Japanese Corporation File Lawsuits After Foreign Acquisition Is Blocked"
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"The lawsuits claim that President Biden blocked the acquisition to win favor with the United Steelworkers (USW) and that the Committee on Foreign Investment in the United States (CFIUS) did not conduct a proper review process. The deal would have seen U.S. Steel, a vital American steel giant, sold off to Nippon Steel. The acquisition was previously blocked by President-elect Donald Trump, who considered it a threat to national security."
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"content": "nostr:nprofile1qyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqu925uwtqmpa8c0jmtpz08zszg6c8kp7jxl0g5m9h7n9x5g3cr2asavz8ma\nhttps://media.breitbart.com/media/2025/01/GettyImages-2170406457-640x335.jpg\nThe United States Steel Corporation filed two joint lawsuits with Nippon Steel after President Joe Biden blocked the Japanese corporation from acquiring the iconic American company. The post U.S. Steel, Japanese Corporation File Lawsuits After Foreign Acquisition Is Blocked appeared first on Breitbart.\nhttps://www.breitbart.com/politics/2025/01/06/u-s-steel-japanese-corporation-file-lawsuits-foreign-acquisition-blocked/",
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