Nippon Steel has hired former U.S. Secretary of State Mike Pompeo to help complete a proposed purchase of United States Steel, a deal facing bipartisan opposition from Donald Trump and U.S. President Joe Biden.
Nippon Steel hires Mike Pompeo to help clinch purchase of U.S. Steel
Tag: U.S. Steel
Biden’s push for more Chinese steel tariffs is a political decision, not an economic one: Analyst
Biden wants to hike tariffs on imports of Chinese steel and aluminum
Chinese steel imports account for less than 1% of U.S. demand, officials told reporters. But Chinese subsidies and programs mean its steel prices are 40% lower than U.S. prices, and the Biden administration is worried that there could be a surge of exports.
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