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Report: President Biden will block U.S. Steel-Nippon deal

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President Joe Biden will reportedly block the sale of Pittsburgh-based U.S. Steel to Nippon Steel, ending a tumultuous year for workers and officials in the region who until the final hours remained split over the fate of an industrial icon. The Washington Post first reported the news late Thursday night — that Biden will block the $14.9 billion deal, dealing a broad blow to a key ally in Japan and siding with top union leadership who have…

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