Biden believes Nippon purchase of U.S. Steel deserves “serious scrutiny”

on Dec 22, 2023 04:12:AM

President Joe Biden believes Japanese company Nippon Steel’s planned purchase of iconic American company U.S. Steel deserves “serious scrutiny” because of potential national security and supply chain concerns, a top White House official said Thursday. Biden “has been clear that we welcome manufacturers across the world building their futures in America with American jobs and […]