White House says sale of U.S. steel to Japanese firm may need ‘serious scrutiny’
The White House said Thursday that the sale of U.S. Steel to a Japanese firm “appears to deserve serious scrutiny” as political pressure mounts to scuttle the deal. Nippon Steel Corp. said it will purchase U.S. Steel for $14.1 billion, an announcement Monday that is raising national security concerns among both parties in Congress. Approval […]