NPR News Now
NPR News: 01-07-2025 8PM EST
Jack Spear
President Biden's decision to block a nearly $15 billion deal by Japan's Nippon Steel to buy U.S. steel is not playing well in Tokyo. Japanese leaders seeing the rejection of the merger as a betrayal after decades of U.S. pressure to lift barriers on trade and investment. Japan is Washington's closest ally in Asia.
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