White House signaling it will likely stop Nippon Steel's plans to buy US Steel

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White House signaling it will likely stop Nippon Steel's plans to buy US Steel
Joe BidenBusiness2024 United States Presidential Election
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The White House is signaling an openness to formally blocking the acquisition of U.S. Steel by Nippon Steel, as a government review of the proposed takeover by the Japanese company is on the cusp of ending.

Democratic presidential nominee Vice President Kamala Harris campaigns with President Joe Biden at the IBEW Local Union #5 union hall in Pittsburgh, on Labor Day, Monday, Sept. 2, 2024. The Washington Post reported Wednesday that President Joe Biden plans to stop the deal from going forward.

Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.

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