{"id":29631,"date":"2025-01-03T16:46:50","date_gmt":"2025-01-03T16:46:50","guid":{"rendered":"https:\/\/news2shorts.com\/index.php\/2025\/01\/03\/joe-biden-blocks-nippon-steels-14-9bn-bid-to-purchase-us-steel\/"},"modified":"2025-01-03T16:46:50","modified_gmt":"2025-01-03T16:46:50","slug":"joe-biden-blocks-nippon-steels-14-9bn-bid-to-purchase-us-steel","status":"publish","type":"post","link":"https:\/\/news2shorts.com\/index.php\/2025\/01\/03\/joe-biden-blocks-nippon-steels-14-9bn-bid-to-purchase-us-steel\/","title":{"rendered":"Joe Biden blocks Nippon Steel\u2019s $14.9bn bid to purchase US Steel"},"content":{"rendered":"<p>President cites national security concerns as he follows through on pledge to keep steelmaker domestically owned<\/p>\n<p><a href=\"https:\/\/www.theguardian.com\/us-news\/joebiden\">Joe Biden<\/a> blocked a<strong> <\/strong>$14.9bn bid by Japan\u2019s Nippon Steel for US Steel on Friday, citing concerns the deal could hurt national security and following through on a pledge to keep the steelmaker domestically owned as he prepares to depart the White House.<\/p>\n<p>The two companies said they would take all \u201cappropriate action to protect their legal rights\u201d, with Nippon Steel reportedly preparing to sue the US government.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/us-news\/2025\/jan\/03\/us-blocks-us-steel-nippon-steel\">Continue reading&#8230;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>President cites national security concerns as he follows through on pledge to keep steelmaker domestically owned Joe Biden blocked a $14.9bn bid by Japan\u2019s Nippon Steel for US Steel on Friday, citing concerns the deal could hurt national security and following through on a pledge to keep the steelmaker domestically owned as he prepares to &#8230; <a title=\"Joe Biden blocks Nippon Steel\u2019s $14.9bn bid to purchase US Steel\" class=\"read-more\" href=\"https:\/\/news2shorts.com\/index.php\/2025\/01\/03\/joe-biden-blocks-nippon-steels-14-9bn-bid-to-purchase-us-steel\/\" aria-label=\"Read more about Joe Biden blocks Nippon Steel\u2019s $14.9bn bid to purchase US Steel\">Read more<\/a><\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-29631","post","type-post","status-publish","format-standard","hentry","category-blog"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts\/29631","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/comments?post=29631"}],"version-history":[{"count":0,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts\/29631\/revisions"}],"wp:attachment":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/media?parent=29631"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/categories?post=29631"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/tags?post=29631"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}