“One of the challenges to this whole process is how does one define national security, said attorney Justin Huff of Dorsey & Whitney, who served on the Committee on Foreign Investment in the United States at the Treasury Department under the Obama and Trump administrations.
President Joe Biden has said he will wait to decide whether to block Nippon Steel’s proposed $14.9 billion acquisition of U.S. Steel until after the federal body that reviews foreign transactions makes its recommendation.
