Biden killed US Steel deal even though some US officials rejected national security concerns
- Posted on January 6, 2025
- By CNN
- 3 Views
Biden killed US Steel deal even though some US officials rejected national security concerns
President Joe Biden decided to block the $14 billion takeover of US Steel by Japan’s Nippon Steel even though some top US officials did not believe there were sufficient national security grounds to kill the deal, a US official told CNN.