From Washington: President Biden Blocks Steel Deal

In his final days in office, President Joe Biden blocked a $15
billion acquisition of U.S. Steel by Japan's Nippon Steel. Last
March, the President expressed his disapproval of a foreign company
purchasing an American business, emphasizing the importance of
keeping it a U.S. company. The White House remains firm in its
decision, stating that the choice is primarily focused on defense
and supply chain considerations. Bob Tita, a reporter covering
the manufacturing and metals industries for The Wall Street
Journal, discusses President Biden's decision and its potential
impact on the nation. Former President Jimmy Carter died at the age
of 100 and will lie in state at the U.S. Capitol this
week. Senior Fellow at the Council on Foreign Relations, Ray
Takeyh explains the impact of President Carter's decisions for
the nation during his time as the 39th President, specifically
regarding the Middle East. Ray looks at the lasting legacy of the
Camp David Accords, America's relationship with Iran, and the
normalization of relations with China. Learn more about your ad
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