TOKYO -- Nippon Steel said its purchase of U.S. Steel would strengthen "American supply chains and economic defenses against China" in a statement released on Friday.
Business deals
Nippon Steel says U.S. Steel acquisition would help 'defenses against China'
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Nippon Steel said Friday that no U.S. steelmaker could make U.S. Steel more competitive and also meet antitrust requirements. (Photo by Mizuho Miyazaki)
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