United States Steel's merger blocked, facing financial struggles

United States Steel Corporation (NYSE: X) is facing legal issues concerning a merger that is likely to be blocked. President Joe Biden has cited national security concerns as the reason for this decision. The company's financial situation is declining, raising worries among investors. Analysts suggest that the company's stock may significantly lose value, potentially down by as much as 90%. Currently, there is no indication from the author of any stock ownership or intentions to invest in United States Steel or other mentioned companies. The information presented is based on personal opinions and does not serve as investment advice. In the investment community, there is caution regarding United States Steel's future performance. Investors are advised to consider all factors before making decisions related to their finances.