Biden Expected to Block U.S. Steel Takeover by Nippon

The Committee on Foreign Investment in the United States is expected to raise national security concerns about selling the iconic steel producer to Japan’s Nippon Steel.

U.S. House Passes Bill That Could Ban TikTok

The legislation received wide bipartisan support, with both Republicans and Democrats showing an eagerness to appear tough on China.

U.S. Steel Acquisition Proposal Tests Biden’s Industrial Policy

The president is under pressure from Democrats and Republicans to block the sale to Japan’s Nippon Steel, which could upset a key foreign ally.