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Reason
Reason
Eric Boehm

Leave U.S. Steel Alone

Joe Biden US Steel Donald Trump Nippon Kamala Harris JD Vance Nippon Steel ClevelandCliffs Washington D.C.

On Monday, Vice President Kamala Harris became the latest prominent political figure to agree that the federal government ought to block the sale of U.S. Steel to a Japanese competitor.

On Wednesday, reports surfaced that President Joe Biden is ready to do exactly that. Biden "is preparing to announce that he will formally block Nippon Steel's proposed $14.9 billion acquisition of U.S. Steel," The Washington Post reported, citing a number of anonymous sources.

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