USALI Perspectives

Why Blocking the Nippon Steel Deal May Seriously Harm US-Japan Relations

A December 18 deadline looms for the US government to decide if it will allow or block Japanese company Nippon Steel from buying once-mighty, now troubled U.S. Steel. Bruce Aronson writes that the Japanese government and business community are deeply concerned by the prospect of a rebuff on national security grounds. With the presidential election over, it’s time for Americans to focus on the possible harms to US-Japan relations and US outgoing investment if Washington blocks the deal.