Trump Blocks US Steel Sale, Angering Workers
President-elect Trump’s announcement to block the $14.9 billion sale of U.S. Steel to Nippon Steel has been met with mixed reactions. While some steelworkers in Pittsburgh, where the sale was largely popular due to promised investments and job security, expressed frustration and disappointment, others, including the United Steelworkers president, oppose the deal citing concerns about long-term job security and the buyer’s trustworthiness. Supporters of the sale highlight Nippon’s pledged $2.7 billion investment and commitment to union jobs. Opposition also includes Senator Rubio, who raised national security concerns.
John Q. Hosedrinker