Tag: U. S. TREASURY
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CFIUS Panel Divided Over Nippon Steel’s Acquisition of U.S. Steel
The U.S. Treasury informed Nippon Steel that the panel reviewing its $14.9 billion acquisition of U.S. Steel is divided on addressing security concerns. The Committee on Foreign Investment (CFIUS) faces a deadline next Sunday to issue a recommendation, with opposition to the deal rooted in potential national security implications. A report from the Financial Times…
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U.S. Treasury Finalizes Rule on Outbound Investments in Chinese Entities
The U.S. Treasury has finalized regulations to restrict outbound investments in Chinese-affiliated firms in the semiconductor, microelectronics, quantum technology, and AI sectors. Effective January 2, 2025, these rules require U.S. investors to notify the Treasury about specific investments, continuing the administration’s focus on national security following previous executive directives. On October 28, 2024, the U.S.…