Biden Calls For Inquiry Into US Steel Sale To Nippon Over National Security

The White House says President Joe Biden believes Japanese-owned Nippon Steel's bid to buy U.S. Steel deserves "serious scrutiny" on national security grounds. "He believes the purchase of this iconic American-owned company by a foreign entity - even one from a close ally - appears to deserve serious scrutiny in terms of its potential impact on national security and supply chain reliability," Nat

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