Biden decides to block U.S. Steel sale to Japanese buyer, administration officials say

US media outlets have reported President Joe Biden intends to block Nippon Steel's deal to purchase US Steel. Biden may announce his decision as early as Friday.

President Biden has decided to block the $14 billion takeover of U.S. Steel by Nippon Steel of Japan, people familiar with the matter said.

Biden blocked the sale of U.S. Steel to Japan’s Nippon Steel, fulfilling his pledge to keep the company domestically owned

Biden blocks U.S. Steel takeover by Japan's Nippon Steel, citing national security