Pennsylvania in Focus
Pennsylvania in Focus
The Center Square
Japanese Company Pursues U.S. Steel Acquisition Amid Uproar
4 minutes Posted Apr 6, 2024 at 9:39 am.
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Show notes

Japanese-owned Nippon Steel says that the company’s longtime presence in the United States makes it an ideal partner to help grow the industry domestically. The comment comes after the White House and former President Donald Trump criticized the company’s $14.9 billion plan to acquire U.S. Steel, headquartered in Pittsburgh. President Joe Biden, although opposed, has made no promises to block the potential deal. Trump said he’d do so if elected in November.

Full story: https://www.thecentersquare.com/pennsylvania/article_c5a07e0c-f128-11ee-a49e-ef811cbcbf90.html

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