President Joe Biden's decision to reject a bid by Nippon Steel to acquire U.S. Steel isn't the first time friction over trade and investment has irked Washington's closest ally in Asia.

Eiji Hashimoto is getting his samurai on — riding into battle against both the outgoing and incoming U.S. presidents.

A former Japan trade official believes that talk of a chilling effect on investment may be overblown. Read more at straitstimes.com.