A high-level government review board has told the White House it is unable to reach a consensus on the national security risks involved in Nippon Steel’s proposed acquisition of U.S. Steel, likely setting the stage for President Joe Biden to kill the deal.

The (Cfius) reported to the White House on Monday that the nine agencies on the panel had not reached consensus that the deal posed no security risks, according to Nippon Steel and a person familiar with the matter.