Japan Prime Minister Shigeru Ishiba asked US President Joe Biden to allay concerns in the Japanese and US business communities over his order to block Nippon Steel’s planned acquisition of U.S. Steel.
Ishiba made the request in a three-way online meeting with Biden and Philippine President Ferdinand Marcos Jr. on Monday, which covered issues of economic security and cooperation in maritime security in the South China Sea, according to a spokesman from Japan’s Ministry of Foreign Affairs.
“Prime Minister Ishiba pointed out that cooperation among allies and like-minded countries is indispensable for establishing resilient supply chains, and that it is important to make efforts to
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