Why was the Committee on Foreign Investment in the United States split on allowing or blocking Nippon Steel from buying U.S. Steel? NPR's Michel Martin asks one of the committee's former advisers.
By blocking the acquisition of US Steel, President Joe Biden has irked Japan, one of Washington's closest allies whose firms are the biggest foreign investors in the United States.
President Joe Biden bowed to growing protectionist pressures in the United States and formally blocked a Japanese company’s proposed purchase of U.S. Steel, winning praise from the president’s labor ...
to acquire Unocal Oil Company or to Huawei's problems with the Committee on Foreign Investment in the United States (CFIUS), the U.S. government's interagency group that reviews investment on ...