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Biden's decision to block Nippon Steel takeover creates uncertainty for U.S. Steel workers The Associated PressBiden rejected appeals of several top advisers in blocking U.S. Steel bid The Washington PostDespite Blocked US Steel Bid, Japan Won't Stop Seeking American Deals The New York TimesOpinion | U.S. Steel and the Corruption of Cfius The Wall Street JournalBide
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The embattled $14.9 billion bid will likely be scrapped if the President declines to approve Nippon Steel's merger plan, administration officials said.
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