Biden opposes Nippon Steel takeover of U.S. Steel. It's an issue in some swing states
Posted on AllSides March 15th, 2024
From The Left
ANALYSIS
President Biden on Thursday said he opposes a deal that would see Japan's Nippon Steel take over U.S. Steel, a proposed takeover that has become a political lightning rod for the presidential race in midwestern swing states.
The $15 billion deal was announced in December, and has been fiercely opposed by the United Steelworkers union. U.S. Steel is based in Pennsylvania — a battleground state for 2024 — and has operations in Michigan, Minnesota, Ohio and other states as well.
The White House said Biden had called the president of the union...