If I am Donald Trump, how am I going to rebuild the military if I have less steel and steeper costs for steel imports than my predecessor?

TOKYO (Reuters) - 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.

The bid by Japan's Nippon Steel to buy U.S. Steel may have a new lease on life after the Biden administration extended a deadline for the Japanese steelmaker to abandon plans to acquire the storied Pittsburgh company after President Joe Biden blocked the deal.

President Joe Biden on Jan. 3, 2025, issued a blocking order (the Order) addressing the proposed acquisition of United States Steel Corporation

Another Joe from Delaware—the one finishing up his final days in the White House—apparently sees himself in the same light, having stepped in to nix a $15 billion deal between U.S. Steel and Japan’s Nippon Steel.

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

The president-elect’s opposition to the deal undermines his claims to helping the working-class voters who elected him.

When, on Friday, the Supreme Court hears the Biden administration defend the law that bans TikTok, the justices should remember what the administration said the previous Friday: "National security" justifies the president's blocking the sale of U.

U.S. Steel and Nippon Steel allege in a lawsuit the administration blocked their $14.9 billion deal over political calculations, calling it an unprecedented action that "served the president's personal political agenda.

This comes after President Joe Biden recently blocked Japan-based Nippon Steel from buying U.S. Steel, calling it a national security threat. President-elect Donald Trump vowed to do the same

Japanese firms invested almost $800 billion in the United States in 2023, more than any other country, and 14.3% of the total, according to official U.S. data.

Prime Minister Shigeru Ishiba on Monday urged U.S. President Joe Biden to address concerns in business circles triggered by his block