(FILES) An entrance sign for Japanese company Nippon Steel's East Nippon Works Kashima Area facility is pictured in Kashima, Ibaraki prefecture, north of Tokyo on December 6, 2024. US President Joe Biden has decided to block the proposed $14.9 billion purchase of US Steel by Japan's Nippon Steel, according to two anonymous administration officials, the Washington Post reported on January 2, 2025. A White House announcement of the presidential finding is planned as soon as Friday unless Biden has a last-minute change of heart, which the officials do not expect, according to the Post. (Photo by Richard A. Brooks / AFP) (Photo by RICHARD A. BROOKS/AFP via Getty Images)