President Biden’s decision to block Nippon Steel’s $14.9 billion bid for U.S. Steel might seem like a patriotic stand for national security, but let’s take a step back and ask ourselves: did this decision really serve America’s best interests? Spoiler alert—it didn’t. Nippon Steel, Japan’s premier steelmaker, wasn’t looking to strip U.S. Steel down for…
Missed Opportunity: Why Biden’s Block on Nippon Steel’s Bid for U.S. Steel Hurts America