Debate Over Nippon Steel's Acquisition of U.S. Steel Sparks Concerns About Foreign Ownership and National Security
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#3f84714e ver:0.8

U.S. Senators Sherrod Brown and Shelley Moore Capito are calling for an investigation into the sale of U.S. Steel to Japan's Nippon Steel Corporation. The senators have raised concerns about Nippon's relationship with China's steel industry and the lack of communication between Nippon and American steelworkers. Senator Brown believes that the acquisition could potentially harm the American steel industry and wants to ensure that the sale is in the best interest of American workers. Senator Capito shares similar concerns and emphasizes the importance of keeping the American steel industry out of the hands of foreign countries. Both senators are fighting the sale to prevent U.S. Steel from becoming a foreign-owned company .

U.S. Steel shareholders have approved the $14.9 billion acquisition...

#newstr #Nippon #UsSteel #Acquisition #ForeignDirectInvestment #NationalSecurity #Economy 

 https://here.news/story/3f84714e?ver=0.8