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Biden said that Japan's acquisition of US Steel will bring risks. Shih Po-mao: The US side must explain this.
Jinsan data news on January 6th, local time on January 6th, it was learned that in response to the US President Biden's order to suspend the acquisition of the Japanese steel company by the US steel company, Japanese Prime Minister Ishiba Shigeru expressed concerns about the future investment relationship between Japan and the United States, and strongly requested the US to take measures to dispel related doubts. Previously, US President Biden advocated in his statement on the suspension of the acquisition that once the acquisition is completed, one of the largest steel producers in the United States will be placed under foreign control, bringing risks to the key Supply Chain. In response, Shigeru Ishiba emphasized the need to clearly explain why the US has security concerns, otherwise dialogue cannot be initiated. Regardless of the alliance relationship, this is crucial for the future relationship between the two parties.