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US Steel Reflects on Trump's Potential Trade Policies in Second Term

share-iconMonday, January 06 comment-icon2 weeks ago 5 views
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US Steel Reflects on Trump's Potential Trade Policies in Second Term

Credited from: LEMONDE

  • Joe Biden has announced his opposition to Nippon Steel's acquisition of US Steel, seen as a blow to free trade.
  • The Japanese firm offered over $14 billion, significantly outbidding American competitors.
  • Nippon Steel secured local support, engaging unions and officials from Pittsburgh to Washington.
  • As the US moves away from free trade, discussions center around Donald Trump's second term and its implications.
  • The ongoing trade tensions with China continue to shape the landscape for American steelmaking.

Read more at: original article.

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