ARTICLE · 23 JANUARY 2025

Biden Administration's Blocking Order Sparks Legal Battles

Holland & Knight

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President Joe Biden on Jan. 3, 2025, issued a blocking order (the Order) addressing the proposed acquisition of United States Steel Corporation (U.S. Steel)...

United StatesGovernment, Public Sector

Antonia Tzinova

Robert Friedman

Caroline Grace Howard

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Highlights

President Joe Biden on Jan. 3, 2025, issued an order blocking the proposed acquisition of United States Steel Corporation (U.S. Steel) by Nippon Steel Corporation (Nippon Steel), citing national security concerns.
The political background of this decision involves significant national, economic and labor interests. The Biden Administration aims to maintain control over U.S. steel production, which is crucial for national security and economic resilience. Additionally, the influence of the United Steelworkers (USW) union, a powerful labor organization in key swing states, played a role in the decision, aligning with the Biden Administration's efforts to preserve American jobs and industries.

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