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White House says U.S. Steel deal security review proceeding as normal

Reuters

WASHINGTON, April 18 (Reuters) - Any review of the deal by Japan's Nippon Steel for U.S. Steel by the Committee on Foreign Investment in the United States will proceed as normal, a White House official said on Thursday.

White House National Economic Adviser Lael Brainard said at the Semafor World Economy Summit 2024 that any national-security review of the deal would continue as normal after U.S. President Joe Biden said he opposed the sale to a foreign buyer. (Reporting by Trevor Hunnicutt and Doina Chiacu)