The Politics of a Steel Deal Hangs Over Biden’s Japan Summit

News Snapshot:

Deal making runs into presidential politics President Biden holds talks on Wednesday for Fumio Kishida, Japan’s prime minister, part of a state visit designed to show the U.S.’s commitment to a staunch ally. Despite the pomp and ceremony, the presidential election will loom over the meetings, with Biden’s opposition to Nippon Steel’s bid for U.S. Steel showing how the chase for votes is affecting deal making and economic policy. Biden views relations with Japan as crucial. The summit will be just the fifth state visit of his administration, and reflects a different approach to that of his predecessor, Donald Trump....