Citing national security concerns, President Joe Biden blocked the $15 billion international sale of U.S. Steel to Japanese company Nippon Steel on Jan. 3, 2025.

In a joint statement after the announcement U.S. Steel and Nippon Steel called Biden’s action political. The companies then filed a federal lawsuit against the administration and a U.S. competitor on Monday, Jan. 6, 2025, in hopes of salvaging the deal.

TribLive reporter Jack Troy joins digital producer Zac Gibson with details.

This is From the Newsroom.

• Nippon, U.S. Steel file 2 suits after Biden administration blocks $15 billion deal • 'Steel is all around us:' Pittsburghers reflect on region's industrial arc in wake of blocked U.S. Steel deal • Devastation, relief on spectrum of emotions for stakeholders in U.S. Steel sale after Biden's block • U.S. Steel, Nippon say Biden's decision to block sale was 'political' • With U.S. Steel deal axed, economic experts question future of Mon Valley steelmaking • What they're saying about it: U.S. Steel-Nippon deal blocked

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