US Lets Japan Buy Iconic Steel Firm, Says ‘Do What You Want’

In a breathtaking display of go-ahead-from-the-top government micromanagement, the US federal government recently gave Nippon Steel, that charming Japan-based steel giant, the green light to snag an iconic American firm. Because nothing screams 'national pride' like outsourcing your steel roots to a foreign company headquartered halfway around the world. No billion-dollar amounts or fanfare mentioned, just a smooth transfer of ownership that highlights how Uncle Sam still loves to supervise big American businesses like a helicopter parent with expensive lunch money. If this were a soap opera, it would be called 'As The Steel Turns: Global Takeover Edition.'

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Source: Japantimes | Published: 9/20/2025 | Author: Unknown