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Joe Biden set to voice concerns over Nippon Steel takeover of US Steel
Joe Biden plans to intervene in Nippon Steel’s proposed purchase of US Steel‚ a move that could threaten the deal and anger Japan‚ one of Washington’s closest allies.
Biden will issue a statement expressing serious concern about the Japanese group’s proposed $14.9bn acquisition of the Pennsylvania-headquartered steelmaker before Prime Minister Fumio Kishida arrives for a state visit in Washington on April 10‚ according to six people familiar with the decision.
US officials and lawyers...