Biden’s veto of US Steel deal raises multitude of new questions
US statute makes it clear that American presidents are granted the power to kill a deal they deem a threat to national security.
KUBINKA, Russia, Aug 22 (Reuters) – Russian government ministries have agreed that a proposed windfall tax on metals, mining and chemical companies was inappropriate, Industry Minister Denis Manturov said on Wednesday.
“With colleagues from other ministries, we reached a common position that as of today it’s inappropriate,” he told reporters on the sidelines of a military forum outside Moscow.
The proposal, put forward by Kremlin economic aide Andrei Belousov this month, listed Evraz, NLMK, Nornickel, Severstal, MMK, Mechel , Alrosa, Polyus, Phosagro and Acron as among the targeted companies.
(By Gleb Stolyarov and Polina Nikolskaya; Editing by Louise Heavens)
