4min chapter

WSJ Opinion: Potomac Watch cover image

Joe Biden Blocks a Japanese Company From Buying U.S. Steel

WSJ Opinion: Potomac Watch

CHAPTER

Economic Nationalism and Ironies in U.S.-Japan Relations

This chapter examines President Biden's choice to block a Japanese company's acquisition of a U.S. steel manufacturer, showcasing the growing trend of economic nationalism. The discussion highlights the contradictory nature of U.S. foreign policy, as it navigates military sales to Japan while rejecting economic partnerships with allies.

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