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​A logo of Nippon Steel is pictured in Chiyoda Ward, Tokyo on March 15, 2024. US President Joe Biden opposed planned sale of U.S. Steel to Nippon Steel, a Japanese Firm, on March 14th.
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Biden expected to block Nippon Steel deal, citing national security

President Biden is expected to block Nippon Steel's $14 billion acquisition of US Steel on national security grounds, with his decision expected as early as Friday.