Sherrod Brown Praises Biden's Move to Prevent Japanese Acquisition of U.S. Steel - PRESS AI WORLD
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Sherrod Brown Praises Biden's Move to Prevent Japanese Acquisition of U.S. Steel

share-iconFriday, January 03 comment-icon2 weeks ago 4 views
News sources:
thehillTHEHILL
Sherrod Brown Praises Biden's Move to Prevent Japanese Acquisition of U.S. Steel

Credited from: THEHILL

  • Outgoing Sen. Sherrod Brown commended President Biden for blocking a $14 billion takeover of U.S. Steel by Nippon Steel.
  • Brown stated that the deal was made without workers involved, posing a threat to America's national and economic security.
  • Biden emphasized his duty to ensure a strong domestically owned steel industry for national strength.
  • Concerns were raised about Nippon Steel's connections to China's steel industry.
  • Other Ohio lawmakers supported the opposition against foreign acquisition of the vital company.

Read more about it here.

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