US EditionBiden promises to keep US Steel as a 'totally American company' while his administration reviews Japanese takeover plan
- Biden emphasizes the importance of U.S. Steel remaining "totally American," stating it's been an iconic American company.
- The administration is examining Japan's Nippon Steel's bid to acquire U.S. Steel.
- Biden affirms his promise to maintain U.S. Steel as an American-owned and operated company.
48 Articles
48 Articles
Biden vows to protect U.S. steel industry - Washington Examiner
(The Center Square) – President Joe Biden wants to triple tariff rates on Chinese steel and aluminum if investigators confirm allegations of the country’s unfair trade practices. “The backbone of America has a steel spine,” he said Wednesday during a visit to the United Steelworkers union headquarters in Pittsburgh. “It really does.” Biden wants the U.S. Trade Representative to increase the 7.5% rate as federal regulators raise the alarm about C…
Stop the steel? Biden vows to block foreign acquisition of iconic American company | WND | by Around the Web
Will Kessler Daily Caller News Foundation President Joe Biden promised on Wednesday to block the acquisition of U.S. Steel by a Japanese competitor in remarks to a crowd in Pittsburgh, Pennsylvania, made up of unionized steelworkers. The Japanese Nippon Steel Corporation, the fourth-largest steel producer, first announced that it would be acquiring U.S. Steel in December for around $14.9 billion after turning down other offers, including from Am…
Biden to triple taxes on Chinese steel and block Japanese takeover of US Steel
President touted plan during speech on Wednesday in Pennsylvania, where union support could prove crucialJoe Biden announced plans to triple tariffs on Chinese steel and aluminum and promised to block the acquisition of US Steel by a Japanese company during a speech to steelworkers on Wednesday in the battleground state of Pennsylvania, where union support could prove crucial in the November general election.Biden touted the plan during a visit …
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