President Joe Biden decided to block the $14 billion takeover of US Steel by Japan’s Nippon Steel even though some top US officials did not believe there were sufficient national security grounds to kill the deal,

President Joe Biden has rejected the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U.S. Steel.

U.S. Steel and Japan’s Nippon Steel sued the Biden administration on Monday over its decision to block the merger of the two companies. The companies filed the lawsuit in the U.S. Court of Appeals for the District of Columbia,