On June 13, 2025, the White House addressed the proposed acquisition of United States Steel Corporation by Nippon Steel Corporation, citing national security concerns as a primary reason for intervention. The Committee on Foreign Investment in the United States (CFIUS) reviewed the transaction and recommended that it could pose risks to national security, which led to a previous order from then-President Biden prohibiting the deal. The current order allows for the possibility of the acquisition proceeding if specific conditions, including compliance with a national security agreement, are met by both parties involved in the transaction.

The order emphasizes the President’s authority to take necessary actions to mitigate any threats to national security, as stipulated under the Defense Production Act of 1950. It acknowledges findings that indicate credible evidence suggesting the acquisition could impair U.S. national security. The administration has reserved the right to issue further orders and has directed CFIUS to monitor and enforce compliance related to the proposed transaction.

This development reflects ongoing scrutiny of foreign investments in key industries, particularly those that may affect national security. The White House’s actions signify a proactive approach to managing potential risks associated with foreign ownership of critical American companies. By establishing clear conditions under which the acquisition could be allowed, the administration aims to balance economic interests with the imperative of national security.

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