NEWS: Japan PM says blocked US Steel deal could hit investments

Japan’s Prime Minister Shigeru Ishiba said concerns over future investments should be taken seriously.
Photo: JIJI PRESS / JIJI PRESS/AFP
Source: AFP

Japan’s prime minister on Monday urged Washington to dispel concerns that a decision by Joe Biden to block Nippon Steel’s takeover of US Steel could impact future investments.

The US President’s announcement last week cited a strategic need to protect domestic industry, a move that drew sharp criticism from both companies and Tokyo.

A US…

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