The decision underscores the difficulty of ‘friendshoring’ and could deter some foreign investments in the US, says an expert ...
President Joe Biden last week capitulated to uneconomic thinking by blocking Nippon Steel’s purchase of U.S. Steel. That decision will ultimately harm Minnesota’s Iron Range.
President Joe Biden blocked Nippon Steel’s $14.9 billion acquisition of U.S. Steel, but with Nippon Steel and U.S. Steel ...