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United States of America: U.S. Administration blocks the acquisition of U.S. Steel by Japan’s Nippon Steel over security concerns

Description

On 3 January 2025, the U.S. Administration has blocked the proposed USD 14.9 billion acquisition of U.S. Steel by Japan's Nippon Steel. The decision was made due to national security concerns. Accordi...

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Intervention Details

Intervention Type

FDI: Entry and ownership rule

MAST Chapter

FDI measures

Implementation date

03 Jan 2025

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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