(250107) -- TOKYO, Jan. 7, 2025 (Xinhua) -- This photo taken on Jan. 7, 2025 shows the headquarter of Japan's Nippon Steel in Tokyo, Japan. Japan's Nippon Steel CEO Eiji Hashimoto said Tuesday U.S. President Joe Biden's decision to block its acquisition of United States Steel was politically motivated, while stressing the company has no intention to give up on the takeover deal.
Hashimoto told a press conference that the Japanese steel giant would continue to fight for a successful buyout of U.S. Steel as it has filed lawsuits against the U.S. government as well as rival steel company Cleveland-Cliffs Inc., its CEO and the president of the United Steelworkers labor union. (Xinhua/Zhang Xiaoyu)
