Both Biden and President-elect Donald Trump have courted unionized workers at U.S. Steel and vowed to block the acquisition amid concerns about foreign ownership of a flagship American company.
Nippon Steel and U.S. Steel have filed a lawsuit challenging the Biden administration's order to block the nearly $15 billion deal for the Japanese company to buy the American steelmaker.
"U.S. Steel will remain a proud American company — one that’s American-owned, American-operated, by American union steelworkers — the best in the world." MAGA! U.S. Steel is indeed a storied ...
In a statement, Biden said U.S. Steel "will remain a proud American company" that is "American-owned (and) American-operated by American union steelworkers." Biden, who was endorsed by the United ...