this post was submitted on 04 Jan 2025

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United States | News & Politics

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US Steel CEO called US President Joe Biden's decision to block the acquisition of an American steel company by Japanese concern Nippon Steel a disgrace and an example of political corruption. (www.ussteel.com)

submitted 1 month ago* (last edited 1 month ago) by yogthos@lemmy.ml to c/usa@lemmy.ml

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[–] yogthos@lemmy.ml 3 points 1 month ago (1 children)

Possibly, although realistically they'd just take it back if Japan started doing something the US saw as a threat.

[–] freagle@lemmygrad.ml 3 points 1 month ago

Not so much a threat as much as just accruing profits.