Trump Voices Opposition to $15B Sale of Iconic U.S. Steel to Nippon Steel, Vows to Block Deal
  • 3 months ago
Former President Donald Trump said he would block the planned $15 billion sale of U.S. Steel to Japanese company Nippon Steel. This is the first time Trump has weighed in on the controversial December deal since leaving office. Trump met with the president of the Teamsters union and said, "We saved the steel industry. Now, U.S. Steel is being bought by Japan. So terrible." Critics from both parties want Biden to closely scrutinize the deal under the Committee on Foreign Investments in the U.S. and possibly block it over union job concerns.
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