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January 4, 2025 - 06:18 -- Admin

Biden blocks $14.9 billion US-Japan steel deal over national security concernsAMERICASUS President Joe Biden on Friday blocked the sale of US Steel to Japan's Nippon Steel, citing concerns that the deal could threaten national security and industrial supply chains. The companies said that the move was a "clear violation of due process and the law" in a joint statement.

https://www.france24.com/en/live-news/20250103-biden-blocks-us-japan-steel-deal

 

MEANWHILE:

 

MOSCOW, (Sputnik) - The US State Department has approved a possible sale of advanced AIM-120D-3 and AIM-120C-8 air-to-air missiles and related equipment to Japan for $3.64 billion, the US Defense Security Cooperation Agency said.

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