U.S.-Japan ties strong despite blocked Nippon Steel deal: ambassador

U.S. Ambassador to Japan Rahm Emanuel on Thursday played down concerns over the potential repercussions from President Joe Biden's decision to block the $14.1 billion acquisition of United States Steel Corp. by Japan's Nippon Steel Corp., saying the bilateral ties are "stronger" than a single business transaction.As the world braces for Donald Trump's second term as president -- and the unpredictable diplomacy and transactional approach he could take with allies -- the outgoing ambassador was also hopeful that the next administration will carry on valuing the ties it has with allies in the …READ FULL ARTICLE