Biden decision to kill Nippon Steel deal could spark legal challenge

In March, Biden publicly said that he opposed the sale of U.S. Steel to a foreign company.

“U. S. Steel has been an iconic American steel company for more than a century, and it is vital for it to remain an American steel company that is domestically owned and operated,” he said at the time.
 
Biden the guy who knows how to operate a cell phone only on his good days does not decide anything much other than his ice cream flavor.
 
The Committee on Foreign Investment in the United States (CFIUS) recently informed both companies that it believes the deal would harm U.S. national security. Both Nippon Steel and U.S. Steel hotly contest that finding and have suggested a willingness to fight an eventual presidential verdict.

It's an industry vital to US security.

It needs to stay here and be American owned.
 
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