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4min chapter
Biden to Block Nippon-US Steel Deal, Investors Await Inflation Report
Bloomberg Daybreak: Asia Edition
Intro
This chapter explores President Biden's controversial decision to prevent the sale of U.S. steel to Nippon Steel of Japan, citing national security. It examines the implications of this move, the review process involved, potential political fallout, and how it fits within the context of past administrations' policies.
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Discover
highlights
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