Why the White House rejects a Japanese company's offer to take over a US steel maker – The Indian Express
Japanese steel giant Nippon Steel’s plans to buy Pittsburg-based US Steel have faced opposition from both Democratic and Republican lawmakers – and now the Joe Biden administration. The bipartisan opposition to the $14.9 billion deal appears to be at odds with the fundamental American commitment to free markets and unrestricted entrepreneurship. Critics of the deal … [Read more…]