8min chapter

The World and Everything In It cover image

1.6.25 Supreme Court cases of fraud and corporate liability, Biden blocking the sale of U.S. Steel, and the history of America’s borrowing habits

The World and Everything In It

CHAPTER

Biden's Block on U.S. Steel Sale

This chapter examines President Biden's decision to block a $14.1 billion sale of U.S. Steel to Nippon Steel and its broader implications for jobs, foreign investment, and national interests in the steel industry. The discussion also contrasts this decision with the upcoming Supreme Court case regarding TikTok, highlighting concerns over foreign influence in critical sectors.

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