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The Independent UK
The Independent UK
World
Elaine Kurtenbach

US rejection of Nippon Steel's bid for US Steel rankles Washington's key ally in Asia

US Steel Nippon - (Copyright 2025 The Associated Press. All rights reserved.)

U.S. President Joe Biden’s decision to reject a bid by Nippon Steel to acquire U.S. Steel on national security grounds isn’t the first time friction over trade and investment has irked Washington’s closest ally in Asia.

There have been plenty of scraps over trade in the past few decades, and Secretary of State Anthony Blinken sought to smooth ruffled feathers in a visit to Tokyo on Tuesday.

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