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How a rare $14 billion Japanese takeover deal got caught in US politics

By Economic Times - 8 months ago
Takahiro Mori of Nippon Steel Corp. traveled to Pittsburgh for a $14 billion steel merger with US Steel. Despite promises of investment and job security, talks with union leader David McCall failed. Political tensions, including opposition from Presidents Biden and Trump, now complicate the deal, highlighting the intersection of business and politics.

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