By Kevin Buckland and Kiyoshi Takenaka TOKYO (Reuters) -Japan Prime Minister Shigeru Ishiba asked U.S. President Joe Biden to allay concerns in the Japanese and U.S. business communities over the status of Nippon Steel's planned acquisition of U.

President Biden blocked the deal between Nippon and U.S. Steel earlier this month due to "national security" concerns.

President-elect Donald Trump has also expressed strong opposition to Japanese ownership of infrastructure giant.

TOKYO -- Japanese Prime Minister Shigeru Ishiba asked US President Joe Biden to address "strong concerns" in both Japanese and US business circles following Biden's order to block Nippon Steel's takeover of US Steel, local media reported Monday.

Japan and the Philippines would convey to US president-elect Donald Trump the urgent need for the US to remain committed to helping uphold the rule of law in an Asian region where security concerns have become “increasingly severe,” Japan’s top diplomat said yesterday.

FILE PHOTO: U.S. Secretary of State Antony Blinken waves as he boards his plane to depart Yokota Air Base in Fussa, on the outskirts of Tokyo, July 29, 2024, after participating in the Quad Ministerial Meeting in Tokyo. Shuji Kajiyama/Pool via REUTERS/File Photo

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

Prime Minister Shigeru Ishiba on Monday urged U.S. President Joe Biden to address concerns in business circles triggered by his block

(Bloomberg) -- Shares in Nippon Steel Corp. dipped on Monday, the first day of trading since US President Joe Biden ... at Tokai Tokyo Intelligence Lab. “President Biden had expressed his ...

The companies filed lawsuits accusing Joe Biden's administration of 'illegal interference' in the transaction worth $14.9 billion.

Outgoing US Ambassador to Japan Rahm Emanuel has said that he believes the US-Japan alliance was improved during his time in office.

U.S. President Joe Biden’s decision to reject a bid by Nippon ... Blinken sought to smooth ruffled feathers in a visit to Tokyo on Tuesday. Nippon Steel Chief Executive Eiji Hashimoto said ...