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U.S. Steel takeover bid blocked

09/01/25
Channel NewsAsia
Dans Asie / Chine

For more: https://www.cgtn.com/video On Tuesday, Nippon Steel held a press conference in Tokyo to announce that the company and U.S. Steel have jointly filed a federal lawsuit challenging the Biden administration's decision to block a proposed nearly $15 billion deal for Nippon to acquire Pittsburgh-based U.S. Steel. According to Japanese media, this marks the first time a major Japanese corporation has sued a sitting U.S. president. Following the fallout, U.S. Secretary of State Anthony Blinken insisted that U.S.-Japan ties remain solid. We talk to experts in the U.S. and Japan to understand the impact on bilateral relations between the two nations and beyond. Subscribe to us on YouTube: https://goo.gl/lP12gA Download our APP on Apple Store (iOS): https://itunes.apple.com/us/app/cctvnews-app/id922456579?l=zh&ls=1&mt=8 Download our APP on Google Play (Android): https://play.google.com/store/apps/details?id=com.imib.cctv

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