Japanese Lawmaker Says US Steel Deal Would Help Counter China Risks
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Akira Amari, a senior Japanese ruling party lawmaker, believes that Nippon Steel Corp.'s acquisition of United States Steel Corp. would strengthen economic security ties between the US and Japan and help counter China's dominance in steel-making. The $14.1 billion deal is seen as a win-win for both companies and economies. President Biden has previously expressed opposition to the merger.
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https://www.bloomberg.com/news/articles/2024-04-01/japan-s-amari-says-us-steel-deal-would-help-counter-china-risks