Japanese Prime Minister Shigeru Ishiba has asked President Joe Biden to reverse his ban on Nippon Steel’s bid to buy U.S. Steel.
On Jan. 13, Ishiba told Japanese media that he had made his request to Biden during a trilateral video conference between the United States, Japan, and the Philippines earlier in the day.
“On the issue of U.S. Steel, strong concerns have been raised in business communities not only in Japan but also in the United States,” said the prime minister. “Such concerns are spreading in both countries, and I expressed my strong request for him to dispel them.”
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