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Comment by culi

4 hours ago

Do you read the news? Whether or not to stop Nippon Steel's acquisition of U.S. Steel was being discussed everywhere. On what basis was that power?

> Nippon Steel's acquisition of U.S. Steel can be stopped by the US President based on a recommendation from the Committee on Foreign Investment in the United States (CFIUS), citing risks to national security under Section 721 of the Defense Production Act.

National security risks. Exactly what China is citing. It's literally the exact same situation.

EDIT: In fact, the US regularly stops acquisition of US companies by China https://hvmilner.scholar.princeton.edu/sites/g/files/toruqf2...