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Biden decides to block U.S. Steel sale to Nippon Steel, Washington Post reports

By Thomson Reuters Jan 2, 2025 | 10:08 PM

(Reuters) – U.S. President Joe Biden has decided to officially block Nippon Steel’s proposed purchase of U.S. Steel, Washington Post reported on Thursday, citing two administration officials who were not authorized to speak publicly about the matter.

(Reporting by Devika Nair in Bengaluru; Editing by Mrigank Dhaniwala)