Nippon Steel’s plan to acquire US Steel has triggered an uproar among the US Congress, the United Steelworkers and economic nationalists alarmed by the buyout of an American icon and the US$14.9 billion deal’s potential implications for US employment and the economy. The reaction has been particularly strong in President Joe Biden’s birth state of […]
Nippon-US Steel deal sparks a knee-jerk backlash
Nationalistic US politicians wrongheadedly want to block Japanese takeover with the potential to make American steel great again
