BBCNEWS World July 4, 2024
Giant us steel have fallen sharply, after President Biden weighed in to oppose a near 15 billion takeover of the firm by a japanese company. Us steel is based in pittsburgh, pennsylvania a key battleground in this years election. The takeover deal, agreed in december, has caused major controversy there. But any move to block it could raise tensions with japan a vital ally for the us as it tries to counter the growing power of china. From new york, erin delmore reports. President biden is taking a stand against a deal in the making. Us steel, an american company, is set to be bought by nippon s...
Source: archive.org
