Washington Post reports that Biden will block sale of US Steel to Japanese buyer

Earlier:

• Biden to announce Friday on whether he’ll approve Japanese acquisition of U.S. Steel

That report is challenged now by a piece in the Washington Post reporting that Biden will block sale of US Steel to Japanese buyer.

WaPo is gated, but here is the link:

• Biden decides to block U.S. Steel sale to Japanese buyer

• President
  Joe Biden has decided to officially block Nippon Steel’s proposed
  purchase of U.S. Steel, a once-iconic American company whose sale to
  a foreign buyer he publicly opposed for months, according to two
  administration officials who were not authorized to speak publicly
  about the matter.

This article was written by Eamonn Sheridan at www.forexlive.com.