Saudi Arabia Says It Will Increase U.S. Trade and Investment by $600 Billion

Crown Prince Mohammed bin Salman spoke with President Trump, who has warned of retaliation against governments he sees as acting against U.S. interests.

Biden Made a Global Push to Constrain China. What Will Trump Do?

Jake Sullivan, the national security adviser, said in an interview that “we’ve just stuck with our theory, which is managed competition.” Trump and Xi Jinping might have other plans.

Cleveland-Cliffs Signals a Possible New Bid for U.S. Steel

The company’s renewed interest comes after the Biden administration blocked Nippon Steel from acquiring the onetime American powerhouse.

U.S. Steel and Nippon Sue Biden Over Decision to Block Deal

The companies argue in a lawsuit that the process of reviewing the transaction was corrupted by politics.

Biden Plans to Block Takeover Bid of U.S. Steel by Japan’s Nippon

The president’s announcement of the fate of the iconic Pennsylvania-based company, which became a contentious political issue in an election year, is expected as soon as Friday.