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International Business Times

US Steel Takeover by Nippon Back in Spotlight as Trump Demands Review

US Steel Joe Biden Nippon Donald Trump United States Nippon Steel National Security CFIUS

President Donald Trump has ordered a fresh review of the proposed $14.9 billion acquisition of US Steel by Japan's Nippon Steel, bringing the deal back into the spotlight.

This comes after the Biden administration blocked the merger in January due to concerns about potential threats to US national security, particularly regarding critical supply chains.

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