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