The chief executive of U.S. Steel on Tuesday told CNBC that President-elect Donald Trump could reverse President Joe Biden’s decision to block the sale of the company to a Japanese company.

The White House on Friday announced that Biden will not allow the sale of U.S. Steel to Nippon Steel after the U.S.-based Committee on Foreign Investment failed to reach a consensus during its review of the deal’s national security risks.

U.S. Steel filed a lawsuit over the decision. CEO David Burritt said on CNBC’s “Squawk on the Street” on Tuesday that Biden does not have the final say.

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