1 week Ago By The Straits Times
In the heat of the campaign season for one of the tightest and most consequential elections in US history, US President Joe Biden as well as presidential candidates Donald Trump and Kamala Harris appear to be disrespecting close US ally Japan by voicing opposition to a Japanese corporation’s proposed purchase of struggling American steel maker US Steel. Nippon Steel agreed to buy US Steel in December 2023 for double the price offered by another US company and by paying 40 per cent above US Steel’s stock value. Already a subscriber? Log in Get exclusive reports and insights with more than 500 subscriber-only articles every month No contract ST app access on 1 mobile device Subscribe now All subscriber-only content on ST app and straitstimes.
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