Nippon Steel is set to re-file its application for a national security review regarding its $15 billion takeover bid for US Steel, receiving an additional 90 days to finalize the deal amidst significant political opposition. Prominent figures, including President Biden, Vice President Kamala Harris, and former President Trump, have publicly opposed the acquisition, asserting that US Steel should remain American-owned. The Committee on Foreign Investment in the United States (CFIUS) is reviewing the deal on national security grounds, and the extension allows for more thorough consideration while delaying a final decision past the upcoming elections. US Steel has warned it may need to lay off workers without Nippon's support, and the United Steelworkers union, which has endorsed Harris, is also against the takeover. The extension reflects a balancing act for the Biden administration, which has faced pressure regarding the economic implications of blocking the deal. Both companies involved have not publicly commented on the latest developments.