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Kamala Harris Opposes Nippon Steel's U.S. Steel Bid
2024-09-03 05:50:08
Politics
Business
USA

Kamala Harris Opposes Nippon Steel's U.S. Steel Bid

Image courtesy of : AFP (BRENDAN SMIALOWSKI)

Kamala Harris vehemently opposes Nippon Steel's $15B bid for U.S. Steel, stressing national security concerns.

Union, U.S. government, and even Trump stand united against foreign ownership. Nippon, aiming to purchase U.S.

Steel, withdraws its China venture, while Biden also disapproves. In Pittsburgh, Harris and Biden rally for steel votes, advocating pro-labor policies and pushing against Nippon Steel's bid.

Trump's stance on Tesla's labor practices garners mixed reactions amid criticism from Teamsters' O'Brien regarding worker treatment.

The press radar on this topic:

EL PAÍS
2. September 2024 um 22:32

Kamala Harris Opposes Japanese Nippon Steel's Acquisition of US Steel

Politics
Economy
The Japanese company Nippon Steel agreed to buy the century-old American steel company US Steel for $14.1 billion. However, the operation faces unanimous political and union opposition, with Biden, Trump and Harris opposing US Steel from ceasing to be an American company. Nippon Steel has hired Mike Pompeo and promised multi-million dollar investments, but has failed to overcome the resistance.
The Guardian
2. September 2024 um 23:47

Harris and Biden pitch for steel votes in Pittsburgh in first joint appearance on campaign trail

Politics
Economy
Biden and Harris rally union support in Pittsburgh, opposing Nippon Steel's US Steel bid. They tout pro-labor policies like Project Labor Agreements, Inflation Reduction Act, and Butch Lewis Act. Trump praises Tesla's labor approach but faces backlash from Teamsters' O'Brien over comments on striking workers.
New York Times - Business
3. September 2024 um 04:02

Kamala Harris Says U.S. Steel Should Stay American-Owned

Politics
Economy
Kamala Harris opposes Nippon Steel's $15B U.S. Steel bid, citing national security; union, U.S. government, Trump, and Nippon's promised investment oppose foreign ownership; Nippon withdraws China venture; Biden also disapproves.
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