Kamala Harris Defends Blocking Nippon's Acquisition of U.S. Steel in Pennsylvania
Wednesday, 2 October 2024, 13:57
Pennsylvania's Kamala Harris on U.S. Steel's Future
PITTSBURGH (KDKA) — Amid warnings from U.S. Steel about significant consequences if its sale to Nippon Steel fails, Vice President Kamala Harris defended her position of blocking the sale to the Japanese company. In an interview with KDKA-TV on Tuesday, the vice president reiterated her stance that Pittsburgh-based U.S. Steel should remain domestically owned.
Significance of Domestic Ownership
- National Security: Retaining ownership within the United States is crucial.
- Economic Implications: The potential collapse of the deal could affect local jobs.
- Industry Stability: Ensuring that key industries remain in domestic hands is vital.
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