Nippon/U.S Steel merger is a thrat to the CCP. Japan is our greatest ally.
Six of the top ten steel producers in the world are now Chinese companies, CCP owned.
"The threat emanates not from the U.S. allies that seek to acquire a languishing American company, but rather, from the Chinese market dominance that would continue if the Biden administration rejects the buy-out. "
https://www.realclearmarkets.com/articles/2024/01/16/nippons_purchase_of_us_steel_will_bolster_the_us_against_china_1005023.html