Josh Boak | Associated Press
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President-elect Donald Trump is underscoring his intention to block the purchase of U.S. Steel by Japanese steelmaker Nippon Steel Corp., and he’s pledging to use tax incentives and tariffs to strengthen the iconic American steelmaker.
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Donald Trump had vowed early in the presidential campaign that he would “instantaneously” block the purchase of U.S. Steel by Japanese steelmaker Nippon Steel Corp.
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The White House is signaling an openness to formally blocking the acquisition of U.S. Steel by Nippon Steel, as a government review of the proposed takeover by the Japanese company is on the cusp of ending.
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Biden opposes plan to sell US Steel to a Japanese firm, citing the need for 'American steel workers'President Joe Biden is opposing the planned sale of U.S. Steel to Nippon Steel of Japan, saying the U.S. needs "strong American steel companies powered by American steel workers.”
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President Joe Biden is praising what he says were “Herculean efforts” to rebuild at the site of last February's train derailment in East Palestine, Ohio. Biden is visiting Friday, more than a year after a train loaded with hazardous chemicals derailed causing a deadly explosive fire.
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President Joe Biden has decided to set aside the usual big White House budget unveiling to showcase his new fiscal year plans this week in Pennsylvania. Not coincidentally, that's a must-win state in the 2024 election.
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Transportation Secretary Pete Buttigieg is warning the CEO of Norfolk Southern that the freight rail company must “demonstrate unequivocal support for the people” of East Palestine, Ohio, and surrounding areas.
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Biden's visit to the facility in the Lehigh Valley comes as his administration pushes new “buy American” efforts and advocates for government investments and clean energy as ways to strengthen U.S. manufacturing.
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President Joe Biden will try to connect with blue-collar workers when he travels to a truck factory in Pennsylvania to advocate for government investments and clean energy as ways to strengthen U.S. manufacturing. The Democrat will tour the Lehigh Valley operations facility for Mack Trucks on Wednesday.
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The Biden White House is amplifying the push for its $2.3 trillion infrastructure package with the release of state-by-state breakdowns that show the dire shape of roads, bridges, the power grid and housing affordability.