Take Your Trading To The Next Level. Get Started Here!

Biden issues statement opposing Nippon’s acquisition of US Steel

March 15, 2024 Comments Off

It is “vital” for US Steel to remain a domestically owned and operated company, US President Joe Biden said in a statement March 14, signaling the company’s proposed sale to Japan’s Nippon Steel could face opposition from the White House. “It is important that we maintain strong American steel companies powered by American steel workers,” Biden’s statement reads. “I told…