Nippon Steel to Sue U.S. Govt over Biden's Decision

Tokyo, Jan. 4 (Jiji Press)--Nippon Steel Corp. plans to take legal action against the U.S. government after U.S. President Joe Biden decided to block the company's acquisition of United States Steel Corp. "We are left with no choice but to take all appropriate action to protect our legal rights," Nippon Steel and U.S. Steel said in a joint statement released Friday. Biden has ordered the...

Nippon Steel to Sue U.S. Govt over Biden's Decision
Tokyo, Jan. 4 (Jiji Press)--Nippon Steel Corp. plans to take legal action against the U.S. government after U.S. President Joe Biden decided to block the company's acquisition of United States Steel Corp. "We are left with no choice but to take all appropriate action to protect our legal rights," Nippon Steel and U.S. Steel said in a joint statement released Friday. Biden has ordered the...