Nippon Steel responds to President Biden opposing its U.S. Steel acquisition
Headline from UPI, on the newest of 2 developments
Nippon Steel said Friday its U.S. Steel purchase will deliver clear benefits to union workers and American national security. But President Joe Biden said it's vital U.S. Steel remain an American company.
UPI's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
President Joe Biden came out in opposition to the planned sale of U.S. Steel to Nippon Steel of Japan, saying on Thursday that the U.S. needs to "maintain strong American steel companies powered by American steel workers."
The $14.9 billion all-cash proposed deal was announced in December, quickly drawing criticism from legislators—and Biden is now speaking out against selling the “iconic” company.
President Joe Biden is opposing the planned sale of U.S. Steel to Nippon Steel of Japan, saying the U.S. needs "strong American steel companies powered by American steel workers.” The
The announcement expected Thursday comes as the Democratic president campaigns in the Midwest and could have ripples in his race against Republican Donald Trump.
President Joe Biden is coming out in opposition to the planned sale of U.S. Steel to Nippon Steel of Japan, saying in a statement to be released Thursday that the U.S. needs to “maintain strong American steel companies powered by American steel workers.”
President Joe Biden said United States Steel Corp. should retain American ownership, coming out against a takeover by Japan’s Nippon Steel Corp. despite the risk of upsetting a key ally.
President Joe Biden said on Thursday he opposed the proposed sale of US Steel to Japan's Nippon Steel, in a move that could annoy Washington's close Asia-Pacific ally Tokyo.
President Joe Biden said Thursday he is against the proposed sale of US Steel to Japan's Nippon Steel, as election year considerations appeared to outweigh the risk of angering key ally Japan.
The chances of America’s second-largest steel company being bought by a Japanese conglomerate took a hit Thursday after President Joe Biden weighed in against the deal.
Former President Donald Trump has already said he would block the deal between U.S. Steel and its Japanese rival. Now President Biden is speaking out about it, too.
President Joe Biden is coming out in opposition to the planned sale of U.S. Steel to Nippon Steel of Japan, saying in a statement to be released Thursday that the U.S. needs to "maintain strong American steel companies powered by American steel workers.”
President Joe Biden is opposing a proposed sale of U.S. Steel to a Japanese company. "U.S. Steel has been an iconic American steel company for more than a century, and it is vital for it to remain an American steel company that is domestically owned and operated," Biden will say in a statement to be…
President Joe Biden on Thursday said he believes it’s “vital” that US Steel remain American owned and operated, dealing a blow to the iconic company’s planned sale to Japan’s Nippon Steel.
President Biden issued a statement Thursday saying he is opposed to U.S. Steel being purchased by a foreign entity, as the federal government reviews its planned sale to a Japanese firm.
Nippon Steel said Friday its U.S. Steel purchase will deliver clear benefits to union workers and American national security. But President Joe Biden said it's vital U.S. Steel remain an American company.
WASHINGTON -- President Joe Biden came out in opposition to the planned sale of U.S. Steel to Nippon Steel of Japan, saying on Thursday that the U.S. needs to "maintain strong American steel companies powered by American steel workers."
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