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How a rare $14 billion Japanese takeover deal got caught in US politics

Takahiro Mori of Nippon Steel Corp. traveled to Pittsburgh for a $14 billion steel merger with US Steel. Despite promises of investment and job security, talks with union leader David McCall failed. Political tensions, including opposition from Presidents Biden and Trump, now complicate the deal, highlighting the intersection of business and politics.

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How the US Steel Takeover Became About Biden and Swing States

How the US Steel Takeover Became About Biden and Swing States
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How the US Steel Takeover Became About Biden and Swing States

(Bloomberg) Takahiro Mori traveled more than 12 hours from Tokyo to Pittsburgh to secure what he hoped would be one of the biggest-ever steel mergers. On the other side of the table from the Nippon Steel Corp. executive sat the one man who now appeared to have the fate of the $14 billion deal in his hands: David McCall, head of the United Steelworkers union.Most Read from BloombergIran’s Better, Stealthier Drones Are Remaking Global WarfareTrumpism Is Emptying ChurchesUkraine Says It’s Behind

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How the US Steel Takeover Became About Biden and Swing States

How the US Steel Takeover Became About Biden and Swing States
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Union leader takes center stage in battle over Nippon Steel's $14 billion takeover of US Steel | Joe Deaux

Union leader takes center stage in battle over Nippon Steel's $14 billion takeover of US Steel | Joe Deaux
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