Tag: us government
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Nippon Steel Criticizes Biden’s Takeover Block as “Illegal Interference”
Nippon Steel, one of Japan’s leading steel producers, has labeled the Biden administration’s move to block its takeover as “illegal interference.” The company argues that the U.S. government’s decision oversteps legal boundaries and disrupts the free market. This development marks a significant tension point between the U.S. and one of its key Asian allies, raising…