Joe Biden will decide on US Steel acquisition after influential panel fails to reach consensus
- Posted on December 24, 2024
- By Business News Today
- 2 Views
Joe Biden will decide on US Steel acquisition after influential panel fails to reach consensus
A government panel could not reach a consensus on the national security risks of Nippon Steel's nearly $15 billion acquisition of U.S. Steel, leaving the final decision to President Joe Biden. Both Biden and Trump had previously opposed the deal due to potential impacts on American steel production and jobs.
