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

Donald Trump can accomplish all those goals in one action: reversing Joe Biden’s silly attempt to block Nippon’s acquisition of U.S. Steel. A deal that escaped Joe Biden is still within reach.

In these final actions of his presidency, Biden is asserting his domestic and foreign-policy principles before Trump takes charge.

U.S. Steel shares jumped Monday on a report that Cleveland-Cliffs is teaming up with rival Nucor for a potential bid for the company, whose $14.1 billion buyout by Nippon Steel was recently blocked by President Joe Biden.

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.

The blocked merger between Nippon Steel and U.S. Steel has entered legal proceedings, following intervention by President Joe Biden. Treasury Secretary Janet Yellen stated that the Committee on Foreign Investment in the United States (CFIUS) conducted a thorough analysis before advising the President,