U.S. Steel deal draws immediate heat from American lawmakers

Sen. John Fetterman vows to block 'outrageous' sale to Nippon Steel

20231218 Chesapeake Bay Bridge

The Chesapeake Bay Bridge in the state of Maryland is one of the iconic pieces of American infrastructure made with supplies from U.S. Steel. © Reuters

KEN MORIYASU, Nikkei Asia diplomatic correspondent

WASHINGTON -- The blockbuster deal reached by Japan's Nippon Steel to acquire iconic American steelmaker U.S. Steel for over $14 billion promptly garnered blowback on Monday as American lawmakers vowed to stop the transaction.

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