Democratic say No Nippon for US Steel

[ABS News Services/03.09.2024]

Vice President Harris joined President Biden in his opposition to Japanese steel giant Nippon’s proposed purchase of US Steel at a Labor Day rally in Pittsburgh yesterday.

“Steel should remain American,” she said.

US Steel “is an historic American company, and it is vital for our nation.”

Her comments to a crowd of union workers at the International Brotherhood of Electrical Workers marks the first time she has taken a position on the proposed sale of US Steel to Nippon since becoming the Democratic presidential nominee.

President Biden, who accompanied his Vice President at the event, reiterated his opposition to the sale, saying that US Steel should not become a foreign-owned company.