The United States and Japan are working "together to strengthen and build more resilient supply chains, critical minerals security, shaping the rules of things like artificial intelligence," said Secretary Blinken.
U.S.-Japan ties strong despite blocked Nippon Steel deal
W ITHIN 24 HOURS on January 6th, two events took place that encapsulate the mixed legacy Joe Biden will leave in America’s relationship with Japan. That afternoon North Korea tested an intermediate-range ballistic missile,
Nippon Steel touted the $14.9 billion deal as a lifeline for its rusting US rival, but opponents warned that the Japanese firm would slash jobs -- despite assurances to the contrary.
President Joe Biden on Friday announced he has blocked the controversial $14.9 billion sale of US Steel to Japan's Nippon Steel, citing a strategic need to protect domestic industry.There was rare bipartisan agreement on the issue,
President Joe Biden blocked the $15 billion acquisition of U.S. Steel by Japan’s Nippon Steel — something he had first vowed to do in March.
TOKYO: Japan's prime minister on Monday (Jan 6) urged Washington to dispel concerns that a decision by Joe Biden to block Nippon Steel's takeover of US Steel could impact future investments.
US Secretary of State Antony Blinken was in Japan on Tuesday for talks expected to address North Korean missile launches, but President Joe Biden's blocking of a steel deal is straining the allies' warm ties.
President Joe Biden has rejected the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U.S. Steel.
The United Nations says the world economy resisted battering by conflicts and inflation last year and is expected to grow a subdued 2.8% in 2025
Asia can teach the world about adapting to Trump.
Most importantly, the Supreme Court ruled in July 2024 that the president is immune from prosecution for “official acts” he undertakes. If Trump ignores laws passed by Congress or refuses to abide by court decisions that would block his policies,