šMario Nawfal:
šØšŗšøBREAKING: BIDEN AXES NIPPON STEEL DEAL
U.S. Steelās $14.9 billion sale to Japanās Nippon Steel just got struck down by Biden, who claims 'national security risks.'
The company, already on shaky ground, is now in deeper trouble, and Japan isnāt thrilled either.
The union backed the block, saying Nipponās promises were hollow, while critics called Bidenās decision hypocritical, given his 'pro-investment' rhetoric.
A once-iconic company is now in limbo. As Bidenās decision draws cheers and backlash, U.S. Steelās survival remains far from certain.
Source: WaPo
https://x.com/MarioNawfal/... https://x.com/MarioNawfal/...
šØšŗšøBREAKING: BIDEN AXES NIPPON STEEL DEAL
U.S. Steelās $14.9 billion sale to Japanās Nippon Steel just got struck down by Biden, who claims 'national security risks.'
The company, already on shaky ground, is now in deeper trouble, and Japan isnāt thrilled either.
The union backed the block, saying Nipponās promises were hollow, while critics called Bidenās decision hypocritical, given his 'pro-investment' rhetoric.
A once-iconic company is now in limbo. As Bidenās decision draws cheers and backlash, U.S. Steelās survival remains far from certain.
Source: WaPo
https://x.com/MarioNawfal/... https://x.com/MarioNawfal/...
3 days ago
