The lawsuit is a final attempt to revive their merger after President Biden blocked the 15 billion dollar deal on national security grounds last week.
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00:00U.S. Steel, along with Japan's Nippon Steel, are suing the United States government.
00:06The lawsuit is a final attempt to revive their merger after President Biden blocked the $15
00:12billion deal on national security grounds last week.
00:16U.S. Steel and Nippon argue Biden and other senior administration officials corrupted
00:21the review process for political gain, harming both U.S. Steel workers and the U.S. Steel
00:26industry under false pretense.
00:29The merger is a rare issue where Biden and President-elect Trump agree.
00:34Trump posted on social media last month, quote, I am totally against the once great and powerful
00:40U.S. Steel being bought by a foreign company and will use tax incentives and tariffs to
00:46make U.S. Steel strong and great again.