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Sens. Josh Hawley , Marco Rubio , and J.D. Vance are demanding President Joe Biden block Japan’s Nippon Steel Corporation from buying United States Steel Corporation.in December, executives with U.S. Steel and Nippon Steel Corporation announced a nearly $15 billion deal, which would have the iconic American steel giant sold off to the Japanese company.
“For weeks you have maintained that ‘it is vital for to remain an American steel company that is domestically owned and operated,'” they Pronouncements about what you consider “vital” or what you think “should” happen to U.S. Steel are worthless unless you act to keep U.S. Steel under American control.
He forced divestitures to safeguard the American semiconductor industry and protect Americans’ data from firms linked to foreign adversaries.to Nippon. , including in the cities of Suzhou and Wuhan. Elsewhere in Asia, Nippon has plants in Brunei, India, Indonesia, Thailand, and Vietnam.
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