BREAKING: President Biden officially blocks $14.3 billion acquisition of US Steel by Japan’s Nippon Steel

President Joe Biden said Friday he is blocking a $14.3 billion acquisition of U.S. Steel by Japan's Nippon Steel, marking a significant use of executive authority in the closing days of his administration.  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  NATIONAL BREAKING NEWS BREAKING NEWS Biden blocks Nippon Steel's $14.3 billion acquisition of US Steel January 03, 7:24AM CST President Joe Biden said Friday he is blocking a $14.3 billion acquisition of U.S. Steel by Japan's Nippon Steel, marking a significant use of executive authority in the closing days of his administration. More » MORE STORIES New Orleans mourns as city inches toward normalcy after terror attack » New Congress convenes with crucial House Speaker vote on the line » A data company has figured out which airlines fly on time most often » The College Football Playoff semifinals are set » MANAGE YOUR ACCOUNT If you'd like to receive some of our other email newsletters, you can tap or click the links below: Be among the first to receive National Breaking News or Local Breaking News as stories break. Catch up on the day's big stories with our Morning Headlines and Afternoon Digest newsletters. Receive our Daily Forecasts or get Severe Weather Alerts sent straight to your email inbox. Manage your email newsletter subscriptions » For the very latest information, download our free apps To ensure email delivery, add newsletters@e.kcci.com to your address book or safe senders list © 2025 Hearst Television Inc. 300 W 57th Street, New York NY 10019 Privacy Notice | Terms of Use | Unsubscribe