Biden Administration Extends Review Period for Nippon Takeover of U.S. Steel

U.S. Steel’s chief, David Burritt, expressed confidence on Tuesday that the sale of the American manufacturer to a Japanese owner would close “on its merits” despite bipartisan backlash. Nippon Steel Corporation, United States Steel Corporation, Mergers, Acquisitions and Divestitures, Steel and Iron, United States Economy, Presidential Election of 2024, Protectionism (Trade), International Trade and World Market, Labor and Jobs, Foreign Investments, Biden, Joseph R Jr, Harris, Kamala D, Trump, Donald J, Burritt, David B U.S. Steel’s chief, David Burritt, expressed confidence on Tuesday that the sale of the American manufacturer to a Japanese owner would close “on its merits” despite bipartisan backlash. NYT > Business