Biden places politics over strategy in US Steel sale
Eight years ago, then-president Barack Obama made a decision that has undermined US standing and influence in the Indo-Pacific to this day.
US Steel asian news
Japan’s faith in US eroded by impolitic election rhetoric
Joe Biden, Kamala Harris, Donald Trump and J D Vance have all expressed spirited opposition to Japan’s Nippon Steel’s proposed acquisition of US Steel in tones and ways that have upset America’s most important Pacific ally. The following quotes convey the gist of the situation.
Who does US want to be Japan’s next leader?
As Liberal Democratic Party members struggle to pick the next prime minister of Japan, there is a vote that will not be counted but matters a lot – who does Washington want to be Japan’s next leader?
US would be insane to go it alone on trade and industry
The paradigm shift in US economic policy began during the 2016 presidential election campaign. It was in that campaign that the candidates of both parties agreed on scrapping the Trans-Pacific Partnership (TPP).
The dots connecting TikTok, US Steel and Chinese land buys
The House of Representatives passes a bill requiring China’s ByteDance to sell TikTok to an American owner or be banned. President Joe Biden denounces Nippon Steel’s acquisition of US Steel, saying it must remain American-owned. Legislation to ban Chinese ownership of farmland is introduced in Washington and state capitals.
Unions, politicians getting Nippon-US Steel deal all wrong
Nippon Steel’s decision to buy US Steel, the iconic American company, is a test for Joe Biden. The president has embraced an economic security agenda designed to protect the interests of America’s middle classes while promoting partnership and closer collaboration with allies.
US Steel sale reaction evokes ’80s Japan bashers
If glittering history is the measure, few American companies can rival United States Steel. Legendary names like Andrew Carnegie and JP Morgan were involved in its creation 120-plus years ago. It was once the world’s most valuable company. It was once the world’s largest steelmaker.