Posted 3/13/2024, 8:49:00 PM
Biden to Oppose Sale of U.S. Steel to Nippon Over Pennsylvania Jobs
- Biden expected to voice concern over proposed purchase of U.S. Steel by Japanese company Nippon Steel
- Statement meant to retain political support in Pennsylvania ahead of 2024 election
- Steelworkers union opposes deal, supporting Biden's opposition
- Any statement before security review finished would be unusual
- Controversy shows tension between promoting foreign investment and protecting iconic domestic companies
