Biden lehnt den Plan ab, US Steel an ein japanisches Unternehmen zu verkaufen, und verweist auf den Bedarf an „amerikanischen Stahlarbeitern“

22 comments

1. I thought that deal was pretty much finalized?

2. What’s really the downside? It seems unlikely to me that workers, engineers, etc. would be heavily affected. In other words, is this just political theater?

3. They’ve got our bourbon already. Keep them from removing the metal!

4. Steel is still a strategic commodity so it’s not wrong to keep production in American hands. Having said that, a Japanese owner would of course be better than for instance a Chinese owner.

5. Fuck in Canada our leader would be dancing a jig and letting them have it all.

6. US tsmc plant is behind schedule and over budget.
   Japanese tsmc plant is on schedule

   I thought Japan were our allies as well?

   Sad theatrics, from both Biden and Trump.

   Would have hoped Trump’s friendship with Abe would have him at least support the deal.

7. The japanese company wants to invest in us steel and make it better, so far us steel hasnt updated with latest technology, and its breen used to syphon money away for execs and stock holders

8. The UK fucked up letting Tata own its steel industry, which of course they are shutting down

9. US Congress & Senate should ban ‘ Japan Lobby’ that is more problematic than Israel Lobby.

   Nippon Steel’s takeover of US Steel only boosts Japan Lobby.

   Japan Lobby needs to be completely shut out from US soils. Japan Lobby is cancer.

10. Japan is one of America’s key allies in the Pacific and their investors have an incredibly strong track record, I can’t see why not. It’s not like Japan has the workforce to replace American workers with, considering they’re outsourcing as much as possible atm

11. Agreed

    Need them in American control to produce military equipment if needed.

12. This seems a quite opposite action to the recent call for investment of foreign shipbuilders.

13. What a thing to get into just before an election.
    If Joe plays this right, which I think he will, could be a vote grabber for the blue collar jobs.

    The use of steel is a good measurement of development, and particular, infrastructure development.

    Having a native steel production is strategic.
    But if US steel can’t make the financials works, then there’s real calls for nationalisation. Which can be very problematic.

14. Japan is one of our closest allies, and they’re very good at industrial management. US Steel wants the sale. They’d be keeping all the manufacturing in the US (the point of buying it) – why do we care?

15. If not the US, I wouldn’t be upset at it being owned by Japan. They’re practically one of the only US allies that I feel like we can totally trust

16. I hope they realise this is just adding fuel for allied countries to ditch US companies and focus on domestic too.

    The EU is planning on ditching Microsoft office and transitioning to a EU company, Korea banned non-Korean streaming services (live streaming) and kicked twitch out, Canada got shafted after the US blocked Bombardier sales in US, US put steel tariffs on the EU, the EU is focusing on local arms industry because of Trump’s comments, Japan might focus on their companies more now too since they have a history of US fucking them over.

    The US has been throwing sand in its friends eyes for some time now and I don’t think it will turn out great for them in the long run.

17. JP Morgan merged Federal steel (formerly Illinois steel)with Carnegie steel to create US steel. That’s a lot of steel

18. Nippon will not move production from America because American industry is the biggest customer of US Steel products. It is why there are so many Japanese car factories in the US. Metal is expensive as hell to ship so production will stay close to processing and assembly.

19. Just turn it over to the union and make it a co-op, problem solved

20. Japanese is a better option than Chinese owners, but the critical part is developing the American capabilities.

    At this moment, US competencies are pathetically poor. The easiest solution is to let someone else develop it. Japanese find this viable and American shareholders will definitely be financially better off.

    Biden is looking at it from the angle of Strategic Advantage and he prefers the option of an American, however entrenched they might be, secure this position. It’s inherently an invite to make another Elon Musk.

21. America’s executives have sold off and offshored our top businesses for years for short term gains, then the just bail into a new company to do the same – all in the name of profit.

    What is the purpose of a non-tech exec? They are leeches in our system and have destroyed our manufacturing ability. Sure, they’re adept at some things, but the future is not one of them.

22. It’s obvious that he hasn’t even looked into the details of this deal. The jobs are said to be staying in America and the headquarters will too.