Published 19:22 IST, December 22nd 2023
US President Joe Biden backs inquiry into Japanese firm's acquisition of US Steel
The Cfius investigation will now take centre stage. If it raises red flags, Biden might have to take action, potentially jeopardising the deal.
![A US Steel plant](https://img.republicworld.com/tr:w-800,h-450,q-75,f-auto/rimages/ScreenShot2023-12-20at8.45.13AM-170306207098716_9.webp)
A US Steel plant | Image:
AP
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19:22 IST, December 22nd 2023