The Committee on Foreign Investment in the United States kicked a decision over the merger with Japan’s Nippon Steel to President Biden, who is expected to block the deal.
Category: United Steelworkers of America
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U.S. Blowback to Nippon Steel-U.S. Steel Merger Vexes Japan
A looming decision in Washington to block Nippon Steel’s merger with U.S. Steel on national security grounds is raising sharp questions in Tokyo.
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Nippon Steel’s $15 Billion U.S. Steel Takeover Bid Is in Peril
The proposed merger of Japanese and American industrial giants, which proponents say would benefit both countries, is ensnared by political and labor opposition.
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Biden to Call for Tripling Tariffs on Chinese Steel Products
In a speech to union steelworkers in Pittsburgh, the president will announce several new measures meant to raise new barriers against floods of Chinese imports.
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Biden’s Trade Moves Raise Tensions With China and Japan but Draw Cheers at Home
The president’s efforts to restrict Chinese imports and block a Japanese steel merger have pleased labor unions and sent a message to rival Donald J. Trump.
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Tom Conway, Steelworkers President and Biden Ally, Dies at 71
A tough but pragmatic negotiator, he led his union through decades of tumult, then helped drive through the president’s infrastructure plans.
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Rural Georgia Factory, Flush With Federal Funds, Votes to Unionize
Friday’s victory by the United Steelworkers at a factory building electric school buses was a test for Democratic hopes that clean-energy funding from Washington could bolster organized labor.