Nippon Steel president says suing US government is an option, NTV reports

  • Posted on January 6, 2025
  • By Business News Today
  • 6 Views
Nippon Steel president says suing US government is an option, NTV reports

Nippon Steel President Tadashi Imai said they may file a lawsuit against the U.S. government. President Joe Biden blocked their $14.9 billion bid to purchase U.S. Steel citing national security concerns. Imai mentioned the review process was not properly handled and promised quick countermeasures to the U.S. government's decision.
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