Nippon Steel Corp. Credit: yu_photo/Adobe Stock $14B Japan-US Steel Deal Embroiled in Election-Year Presidential Politics
Lawyers say the deal has become a tool to gain political clout and will unlikely impact Japan-U.S. trade going forward.
February 06, 2024 at 12:22 PM
4 minute read
Mergers and Acquisitions
The $14 billion deal between Nippon Steel and U.S. Steel was slated to drive a wave of major mergers and acquisitions by Japanese conglomerates late last year, but the mammoth deal has been implicated in American politics leading up to the U.S. presidential election in November.
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