Biden’s Nippon Steel block triggers diplomatic fallout after crypto order mix-up
United States President Joe Biden rejected Japan’s Nippon Steel takeover deal with US steel, sparking animosity with the Japanese government. Biden justified the rejection, citing national security and supply chain concerns. Trade Minister Yoji Muto, however, has labeled his decision ‘incomprehensible.’ The situation looks even worse between the two as the U.S. president’s staff revealed…