🇺🇸🇯🇵BIDEN HITS PAUSE ON NIPPON STEEL DEAL SHOWDOWN

Nippon Steel and U.S. Steel just got a lifeline in their $14.9 billion merger battle. 

Courts will now review their legal challenge before the government steps in.

Biden’s order initially gave them 30 days to scrap the deal, but this delay means the high-stakes fight isn’t over yet.

For now, the steel giants get a breather. The question is: Will the courts side with them?

Source: Reuters