Nippon Steel’s planned purchase of former giant U.S. Steel is currently the most important and controversial topic in US-Japan economic relations. Regardless of whether the purchase is ultimately allowed to proceed, the public opposition from leaders of both American parties raises important questions for the future. What effect could this have on other Japanese FDI into the US and broader US-Japan cooperation? Is there a risk of reciprocity when US companies seek to make acquisitions in Japan? To what extent does it represent a significant broadening of the definition of “national security” against the background trend of de-globalization and the reshoring of supply chains? William Chou, deputy director of the Japan Center at the Hudson Institute, and Hiroyuki Nishimura of Nikkei have put the Nippon Steel-U.S. Steel acquisition in context in a panel discussion with NYU Law Adjunct Professor Bruce Aronson and NYU Law Professor Jose Alvarez (moderating). Learn more.