The deal was not supported by the United Steelworkers (USW), the union representing American steel workers, which commended Biden’s decision as the “right move for our members and our national ...

During his first term, Trump slapped 25% tariffs on foreign steel, and Biden kept them or converted them into import quotas. Either way, the trade barriers kept the price of American steel ...

President Joe Biden said he was protecting good jobs in the American heartland by blocking a multi-billion dollar bid by Japanese company Nippon Steel for the takeover of U.S. Steel. Yet, he may be ...

WASHINGTON (AP) — By blocking a Japanese company’s takeover of U.S. Steel, President Joe Biden said he was protecting good jobs in the American heartland. He may be putting them at risk instead. In ...

“It is important that we maintain strong American steel companies powered by American steel workers,” Biden said in a March statement, while he was still seeking reelection to the presidency before ...