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Expert: U.S. blocks Nippon Steel acquisition of U.S. Steel for political reasons

01:05

Japanese-owned Nippon Steel has decided to file a lawsuit against the U.S. government over President Joe Biden's order to block its acquisition of U.S. Steel. Japanese economist Hidetoshi Tashiro says the U.S. government's decision to block Nippon Steel's acquisition of U.S. Steel was done out of political interests.

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