NEW YORK/TOKYO -- Nippon Steel is fighting to make up lost ground in the public relations campaign for its planned acquisition of U.S. Steel, as labor opposition and an unfriendly political environment sow doubt about whether the deal will go through.
Business deals
Nippon Steel goes on PR counteroffensive to defend U.S. Steel deal
Market grows skeptical of acquisition as labor opposition threatens government review
U.S. President Joe Biden, left, has expressed skepticism about Nippon Steel's acquisition of U.S. Steel, which is opposed by the United Steelworkers union. © Reuters
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