Biden vetoes the "Century Steel" acquisition! US experts criticize: It has seriously deviated from the principles of globalization

Zhitong
2025.01.04 06:51

On January 3rd local time, the White House issued a statement stating that U.S. President Biden has officially blocked Nippon Steel Corporation's acquisition of US Steel. This means that the "century-old steel" acquisition deal has been officially cut off by Biden. Many U.S. experts believe that this further indicates that the U.S. is moving further down the path of anti-globalization