Nippon Steel said it wouldn't be deterred by Biden’s decision last week to block its $15 billion bid for the storied U.S. steelmaker.

President-elect Donald Trump has also expressed strong opposition to Japanese ownership of infrastructure giant.

The trial for Nippon Steel Corp.'s lawsuit seeking to nullify U.S. President Joe Biden's decision to block its $14.1 billion takeover

TOKYO -- Nippon Steel's plan to buy U.S. Steel has entered a new phase with the companies' declaration of a full-scale legal war against the U.S. government. They hope the lawsuits will overturn President Joe Biden's order to give up the acquisition.

The bid by Japan's Nippon Steel to buy U.S. Steel may have a new lease on life, even as the potential for a new bid for the storied Pittsburgh steelmaker began to emerge Monday.

The hearing for a lawsuit that Nippon Steel and U.S. Steel brought against U.S. President Joe Biden's administration is scheduled for February and March, Kyodo news agency reported on Monday, without citing sources.

A bizarre press conference held this Monday by Lourenco Goncalves, CEO of Ohio-based steelmaker Cleveland Cliffs, further underscored the imprudence of President Joe Biden’s move to nix Tokyo-based Nippon Steel’s acquisition of U.

There’s renewed uncertainty over U.S. Steel’s future after President Biden decided to block Nippon Steel’s acquisition bid, worth over $14 billion, citing national security.

TOKYO (Reuters) -Japan Prime Minister Shigeru Ishiba asked U.S. President Joe Biden to allay concerns in the Japanese and U.S. business communities over the status of Nippon Steel's planned acquisition of U.

The foreign ministers of Japan and the United States said their countries’ ties were stronger than ever on Tuesday, even after Japan’s prime minister called U.S. President Joe Biden’s decision to block Nippon Steel’s $14.9 billion bid for U.S. Steel “perplexing.”

An ambitious attitude is a welcome change after the past four years of mediocrity and ruin. If Trump’s first term’s success at home and peace abroad is any sign, it bodes well for

American investment could become less welcome, undermining Japan’s progress on corporate reforms.