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Biden opposes Nippon Steel takeover of U.S. Steel. It&;#039;s an issue in some swing states
President Biden on Thursday said he opposes a deal that would see Japan's Nippon Steel take over U.S. Steel‚ a proposed takeover that has become a political lightning rod for the presidential race in midwestern swing states.
The $15 billion deal was announced in December‚ and has been fiercely opposed by the United Steelworkers union. U.S. Steel is based in Pennsylvania — a battleground state for 2024 — and has operations in Michigan‚ Minnesota‚ Ohio and other states as well....
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