Biden blocks Nippon Steel's $14.3 billion acquisition of US Steel

Contributing sentiments towards policy:

49% : The conclusions of the Cabinet-level political appointees who comprise the Committee are informed by the work of roughly a hundred career staffers tasked with evaluating a deal on its merits without political influence.
49% : The conclusions of the Cabinet-level political appointees who comprise the Committee are informed by the work of roughly a hundred career staffers tasked with evaluating a deal on its merits without political influence.
46% : Demonstrating that blocking the deal appears political in nature, Trump opposed Nippon's purchase of U.S. Steel, but recently welcomed a $100 billion investment from Japan's Softbank, including funds for investment in US artificial intelligence technology - arguably far more important for national security.
46% : Demonstrating that blocking the deal appears political in nature, Trump opposed Nippon's purchase of U.S. Steel, but recently welcomed a $100 billion investment from Japan's Softbank, including funds for investment in US artificial intelligence technology - arguably far more important for national security.
42% : The deal has been politically charged since it was announced in December of 2023, stirring bipartisan political opposition to foreign control of a once key component of U.S. industrial might which has fallen on hard times.
42% : The deal has been politically charged since it was announced in December of 2023, stirring bipartisan political opposition to foreign control of a once key component of U.S. industrial might which has fallen on hard times.
24% : But Biden's opposition to the deal may not be the final say: Nippon and U.S. Steel have vowed to fight to win approval of the deal in court even if the Biden or incoming Trump administration tries to block it.
24% : But Biden's opposition to the deal may not be the final say: Nippon and U.S. Steel have vowed to fight to win approval of the deal in court even if the Biden or incoming Trump administration tries to block it.

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