During the presidential campaign, Trump also said he opposed the sale to Nippon Steel, but he should change ... Ordinarily, a president cannot block corporate mergers. The Justice Department ...

President Biden announced Friday he would block the sale ... Steel following a yearlong review of the potential acquisition. “We need major U.S. companies representing the major share of US ...

Former Secretary of State Mike Pompeo defended the proposed $14 billion deal for Nippon Steel to acquire U.S. Steel and urged President-elect Trump ... BIDEN TO BLOCK SALE OF US STEEL TO NIPPON ...

giving Biden the green light to block the transaction. The steel companies said the rejection was muddled in politics with former President Donald Trump and legislators weighing on having arguably ...