英語ニュース

ENGLISH NEWS

英語ニュースEnglish news

英語時事ニュースに関する著作権はインターアクト・ジャパンに帰属しており、無断での転載、複製、販売などは厳しく禁じられています。
許可なくこれらの行為を行った場合、法的措置を取る可能性があります。

Biden Blocks Nippon Steel’s Acquisition of US Steel

バイデン大統領、日本製鉄によるUSスチール買収を阻止

  • LEVEL0

    President Biden stopped Nippon Steel from buying US Steel. Biden said it could harm US security.

    Nippon Steel and US Steel are opposed to Biden’s decision. They are suing the US government.

    The employees of the companies want the deal to happen. The result of the lawsuit is still unknown.

  • LEVEL1

    President Biden has blocked Nippon Steel’s takeover of US Steel. The deal is worth almost $15 billion. Biden has said he was concerned about US security.

    Nippon Steel and US Steel severely criticized Biden’s decision. They have now filed a lawsuit, claiming politics affected the judgment. Donald Trump, labor unions, and other lawmakers have also expressed concern about the takeover.

    Japan’s government has expressed disappointment. Nippon Steel and US Steel say they have strong support from major stakeholders. The political and economic effects of the situation remain unclear.

  • LEVEL2

    In January, President Joe Biden blocked Nippon Steel’s $14.9 billion acquisition of US Steel. He cited security concerns following a review by the Committee on Foreign Investment in the United States.

    The committee had failed to reach a consensus, leaving Biden to make the final decision. Nippon Steel and US Steel fiercely criticized Biden’s ruling and filed a lawsuit against the US government. They claimed political factors had unfairly influenced the review process. President-elect Trump has also voiced concerns about the acquisition, as have labor unions and other lawmakers.

    Japan’s government has expressed disappointment, warning of negative impacts on future US investment. Nippon Steel and US Steel have cited wide support from employees, communities, and other stakeholders. The outcome of the lawsuit and its effect on US-Japan relations remain uncertain.