14:08â¢Biden Slams Steel Bridge to Tokyo
âšThe newspapers report extensively on Biden's announcement blocking Nippon Steel's acquisition of US Steel, citing national security concerns (Asahi, Hokkaido, Mainichi, NHK, Nikkei, Sankei, TBS, Yahoo, Yomiuri). The Sankei notes this marks an unprecedented presidential intervention in an allied nation's corporate merger, while highlighting that US Steel might be the biggest loser in this decision. The coverage emphasizes the exceptional nature of blocking a deal between allied nations' private companies.