The problem is that Nippon Steel has to pay a huge penalty fee to U.S. Steel despite doing nothing wrong. I can understand the sentiment of not being happy about a domestic company falling under the umbrella of a foreign company. For example, if Toyota were to be taken over by a foreign corporation, I wouldn’t feel good about it either. However, the U.S. government, without helping U.S. Steel, only interferes and now tries to extort money from Japan. This is morally unacceptable. That said, in the world of business, Nippon Steel’s legal team was not thorough enough. This will serve as a lesson, and Japanese companies will likely become much more cautious about dealing with the U.S. in the future.
Take note, the first people who he said would be harmed are the share holders. This deal if you actually look under the hood of it is another corporate merger so they can make money for the share holders and give the executives golden parachutes.
@NonotEver1 Thank you, for proving to me what your own education level is. You save me from having to think about how to reply to a well thought out and succinct critique.
@@NonotEver1 If you mean chuckled heartily then yes you did. The best part is you didn't even pick up on what I said. Would you like to try again? You know they say practice makes perfect and your trolling could definitely use some practice. Now come on give it the old college try.
How ignorant Trump voters are. There are hundreds of American companies in hundreds of countries. Let's close down all American companies around the world, okay?
Partners. I create jobs for over half a century creating jobs. Can't get money here, we look elsewhere. Jim Beam , makers, Japan bought just because we wouldn't export it to them, 1.2 billion. They don't get involved, same heads making and brewing. Dyken ACs??? Bought a lot but America runs it. Takes multi-million and billions to start anything with job growth up. Just refortify restrictions on said ownership.
How ignorant Trump voters are. There are hundreds of American companies in hundreds of countries. Let's close down all American companies around the world, okay?
If a billion dollar + American company can’t figure out how to make a profit it deserves to be under better management. Not sure why US companies can’t figure out how to run profitably while some foreign company can.
That is like damned if you do damned if you dont. . you block and you bankrupts and lost the job. sell Jobt are kept but Japan take bigger chunk. Poor countries bring foreign money for investment to get Jobs. We most richs and mutual and Hedge fungs guys are woke and think Stupid economic Forum is more important which claims to fund environment but some it funds Larry Finks blackrock which totally not suppose to Look a CIA front . And CIA as agency takes orders from Biden who off course is spreading some kinda democracy there, and those old steel company is waiting from some one outside like japan to say,, meh.. looks it is about collapse, but I will take it
Currently, there is no American steel company that can acquire US Steel, which is ranked 24th in the world. If they acquired it and hired the employees, they would all go bankrupt together. Other American steel companies are eager to buy the assets and shares that will be sold after US Steel goes bankrupt. They do not have the financial strength to rescue the employees as well. Japan Steel, ranked 4th in the world, is trying to buy it even at a huge loss because it believes that if they can use the high quality steel and patents made in Japan, which is said to be the best in the world, to produce it in the US and get US companies to buy US Steel's steel instead of Chinese steel, they may be able to compete with China in the future. Currently, the top 10 steel companies in the world are monopolized by Chinese companies. This is due to a sense of crisis that if things continue as they are, all steel will be made in China.
It is understandable to block acquisitions for national security reasons. However, if this deal falls through, Nippon Steel will have to pay approximately $4 billion in damages. If the government suddenly intervened to block the deal, this compensation should be waived.
No American company will buy US Steel because other steel companies and the steelworkers' union are waiting for the takeover to fail and for the company to go bankrupt. To them, employees are just a nuisance, and all they want to do is buy US Steel's assets as cheaply as possible after the bankruptcy, when they will be broken up and sold. They don't need employees. But maybe things will play out as they expect.
All these people fear mongering about blocking the deal is silly. US Steel is profitable. Nippon will lay off people after 10 years. The average US Steel worker is too dumb to realize it. The better solution is for Biden to block it, then a bill is passed to provide significant funding to CLF, NUE, and X
😂😂😂How ignorant Trump voters are. There are hundreds of American companies in hundreds of countries. Let's close down all American companies around the world, okay?😂😂
Your US tax dollars at work ladies and gentlemen. While your kids get a substandard education, the streets are filled with homeless people, and you can't afford your groceries ..but hey at least we can fund a proxy war that has ZERO to do with us, isn't our problem, and isn't our conflict. That extra money they just got from congress is of course on top of the 10 mil we already give them DAILY. We give them more money then any other country on the planet. Have for decades. Remember that the next time you drive on a busted up street or pay 4$ a gallon at the pump and wonder what it is congress does with all that money we give them.
If war were to break out, steel is one of the clear necessities. As a grandson of a 'Kaiser Steel' retiree, I find it crazy that we (America) would give up control of a natural resource to any foreign country. My grandfather, and 4 of his sons worked the now defunct Kaiser Steel.
Geraldine Ann Philip understanding the market indicators is impressive. She knows exactly when to enter and exit trades for maximum profits. her siignals are top notch
That's amazing, I've seen different people talking about this Geraldine Ann, she must be a cool woman for people to talk this about her,how do you people earn money?
Japan is your enemy, you’re a genius. US steel is typicla of US companies, no investment and run into the ground by its current management, if it stays us it will be yet another 18th century us company unable to compete globally because its garbage.
I'm glad to finally hear the honest opinion of an American. I really think Japan should be independent, but for now I think it's best to maintain friendly relations with each other...Okay, listen carefully, there are many Diet members in Japan who have fallen in love with China because of high-end Chinese food, unlimited credit cards, and female bees. Diet members are not a profession for those who care about the country, but at least 200 people are in office simply because they want vested interests. When the United States coldly abandons Japan, Japanese Diet members will start to seriously side with China. The current Foreign Minister was unable to visit the United States because he was bribed by a Chinese casino. He traveled to China first and promised a 10-year visa exemption. Think carefully before China advances into the Pacific Ocean.
For reasons regarding National Defense and Defense Production I believe that US Steel must remain US owned and operated. Imagine having our steel production able to be shutdown or disrupted by a foreign adversary during a time of war that would require massive steel production for weapons.
No.... Blocking the deal will have significant losses for executive payouts..... Ask how much the executive payout is..... I bet it's in the hundreds of millions in total.... That's not going to workers.
@@mikew.to1 One of the reasons we one WW2 was our strong steel industry and it's ability to switch to a war time footing. Suppose we let Japan take over the steel mills and the worst happens--WW3 and we are involved, could/would the Japanese owners just say "It's not our problem"? It's things like this that concerns me about being so reliant on other countries for what we need. Right now, china could easily win the war without firing a shot by simply shutting us off.
@@olska9498 I think the gov't needs to help maybe with some tax credits. It was their fault for allowing all these companies to go to china and such. I had a small cabinet shop when Regan was in office and he removed the import tariffs and gave us tax breaks so we could import modern equipment from Italy. With that equipment, we were able to compete with the large European companies that were threatening to take over the market.
@@danstepnik2012 Even more government handouts for mega-corporations? If you can't compete on your own, maybe it's time for you to become a service worker. Regan increased government debt to GDP by 20%. I don't think the US can afford another Regan. The only president in recent times who decreased debt to GDP was Clinton.
In the end it will be owned by Japan!!.. It will benefit their economy and heavy Industry not ours.. no matter how they try to sugarcoat it. This is a pure national Security matter.
😂😂😂How ignorant Trump voters are. There are hundreds of American companies in hundreds of countries. Let's close down all American companies around the world, okay?😂😂😂
One way or another those old outdated steel mills will shut down if no one invests huge sums of money in them, and the current owner is not interested in that
We gave hundreds of billions to Ukraine, we can afford a 4 billion investment to keep US steel as a strategic defense industry. Imagine if we get in a real war and suddenly have no capacity to manufacture steel? We would be in deep trouble.
And , Slobodan Aćimović told me and my mother , that , the business of US Steel in Serbia then was to oversee that Serbian army tanks ( tanks From Russia s Soviet s era made ) Are being Transformed into Steel metal onlly for being sold out as mere Steel NOT military equipment tanks or else .
When mother and i decided to live in Our home Land of Serbia in end 2012 , - 2013 , capital Belgrade , one of mother s "friends" Slobodan Aćimović , told me and mother , that Because US Steel left Serbia , then , prices , on Real estate goods have fallen , that was his thinking , Slobodan Aćimović worked in a Bank in London in the 1980 s for ten years , later in Cyprus , Laykozia , for many years , Also .
The ignorance and misinformation is appaling here. There are many US Steel companies, NUCOR, Steel Dynamics, Cleveland Cliffs, that are larger than US steel. There is a much better way of keeping US Steel under "american" ownership - Someone come and pay more than what Nippon is paying and investing.
We need people who put America FIRST. Not money. American pride has been lost and it shows we are becoming so dam weak and pathetic to the rest of the world. American manufacturing needs to be amped up and keep it IN our country stop selling us out!!
One concern is that American companies have declined due to "competition" from international companies. Many countries have low standards of living. Use cheap labor, in some cases children and incarcerated individuals. Americans want/demand pay and benefits. Then we need to support our companies 1st. I could be wrong here, but didn't we recently (1-2 yrs ago) have a problem with the steel quality that came out of Japan? We had to repair/replace some infrastructure projects as a result? I swear I recall that. If I am wrong, I will apologize now. Have a great day.
How about timken here in Ohio I know career workers there, first they finally went public and now they sold out as soon as shareholders get involved it's never good for front line workers.
It's too convenient for Americans to buy as many companies in other countries as they want and not allow them to be bought. What we do while claiming a free economy is no different than socialism or communism.
What companies and in what countries were they bought? All I know is that no American may own Any land in china but they've been allowed to buy our farmland.
No. Your lying. We will be hurt if we sell our ability to make our own steel. And you cant give them money but can give money to ukraine. Tells you everything you need to know.
Without those capital investments by Nippon Steel, you'll actually lose your ability to make steel. Take the investments by Nippon Steel so that America can produce steel.
The elephant in the room is, the comparison of the pros and cons of industrial automation. Does a Japanese company really have "employee benefits" and that particular state's economic improvement in mind?
Unfortunately, not all of us were financially literate early. I was 35 when I finally educated myself and started taking steps. I went from $176,000 in debt with zero savings or retirement to now, 2 years later, fully debt-free and over $1000,000 net worth. I know that doesn't SOUND like a lot, but I'm incredibly proud of it. Now l'm fast-tracking my wealth building (investing $400,000 annually) and don't owe a dime to anyone. It's a good feeling.,,
I thank ROBERTA ANN CAUDILL who has always been there to help me with detailed analysis and recommendations that I would not have had access to otherwise.
Same, I met Roberta Ann Caudill last year for the first time at a conference in Wilshire, after then my Life has changed for good.God bless Roberta Ann Caudill.
US Steel has been struggling for quite a few years, and they need a large cash injection to remain viable, in the global economy. Note the word global. Perhaps, you the taxpayer, would be interested in putting in the large amounts of money needed.
I like the idea of opening federal land that are populated with scorpions to create new towns 🥰however make sure to build nice ponds for fly fishermen cause no fishing opportunities no investment on my part.😀
Everyone is an expert, and they are wrong most of the time. PS, no one is an expert, they are just educated in that area or work in that area, that does not make them an "EXPERT".
Blocking the sale will hurt the investors of Nippon Steel. As he pointed, it's all about the stock market that is 93% owned by the filthy rich, NOT the common person.
Duh! Biden didn’t let it happen. Our CAptains of Industry went for stock options, etc instead of updating the company. Greed corrupts everything including patriotism.
![Blox Fruits Dragon Rework Update [Full Stream]](http://i.ytimg.com/vi/EqDAp8udhm0/mqdefault.jpg)
Worked for a Japanese owned steel coating plant for over 27 years never laid off,great benefits
@russellwylie Right, because you are employed, you spend money keeping others employed.
Makes sense that Trump would just back another upcoming altcoin instead of Bitcoin for more profits
I trust Japan more than any other country.
The problem is that Nippon Steel has to pay a huge penalty fee to U.S. Steel despite doing nothing wrong. I can understand the sentiment of not being happy about a domestic company falling under the umbrella of a foreign company. For example, if Toyota were to be taken over by a foreign corporation, I wouldn’t feel good about it either. However, the U.S. government, without helping U.S. Steel, only interferes and now tries to extort money from Japan. This is morally unacceptable. That said, in the world of business, Nippon Steel’s legal team was not thorough enough. This will serve as a lesson, and Japanese companies will likely become much more cautious about dealing with the U.S. in the future.
Take note, the first people who he said would be harmed are the share holders. This deal if you actually look under the hood of it is another corporate merger so they can make money for the share holders and give the executives golden parachutes.
You're education level must be really at the bottom.
@NonotEver1 Thank you, for proving to me what your own education level is. You save me from having to think about how to reply to a well thought out and succinct critique.
@TL-angzarr did I make you cry sissy
@@NonotEver1 If you mean chuckled heartily then yes you did. The best part is you didn't even pick up on what I said. Would you like to try again? You know they say practice makes perfect and your trolling could definitely use some practice. Now come on give it the old college try.
@TL-angzarr I poor little special one still trying to stand tall .I give you credit it only takes you a half hour to answer back.
Qarddin Token will make millionaires, after CEX listing it will blow up.
If Japan owns it then there will be no American Steel Company
You have Nucor, the largest and most profitable steel producer in the US
No other Country should be owning any US company
How ignorant Trump voters are. There are hundreds of American companies in hundreds of countries. Let's close down all American companies around the world, okay?
Yep and you go bankrupt lol
I do hope that you are advocating for American companies to not own any overseas company.
Partners. I create jobs for over half a century creating jobs. Can't get money here, we look elsewhere.
Jim Beam , makers, Japan bought just because we wouldn't export it to them, 1.2 billion. They don't get involved, same heads making and brewing. Dyken ACs??? Bought a lot but America runs it. Takes multi-million and billions to start anything with job growth up. Just refortify restrictions on said ownership.
So can Japan tell US companies to gtfo also?
American steel company should be owned by America, not Japan.
needs tariffs and subsidies
How ignorant Trump voters are. There are hundreds of American companies in hundreds of countries. Let's close down all American companies around the world, okay?
If this company is bankrupt, then foreign investment can help.
If a billion dollar + American company can’t figure out how to make a profit it deserves to be under better management. Not sure why US companies can’t figure out how to run profitably while some foreign company can.
That is like damned if you do damned if you dont. . you block and you bankrupts and lost the job. sell Jobt are kept but Japan take bigger chunk. Poor countries bring foreign money for investment to get Jobs. We most richs and mutual and Hedge fungs guys are woke and think Stupid economic Forum is more important which claims to fund environment but some it funds Larry Finks blackrock which totally not suppose to Look a CIA front . And CIA as agency takes orders from Biden who off course is spreading some kinda democracy there, and those old steel company is waiting from some one outside like japan to say,, meh.. looks it is about collapse, but I will take it
We need American only companies.
Currently, there is no American steel company that can acquire US Steel, which is ranked 24th in the world. If they acquired it and hired the employees, they would all go bankrupt together.
Other American steel companies are eager to buy the assets and shares that will be sold after US Steel goes bankrupt. They do not have the financial strength to rescue the employees as well.
Japan Steel, ranked 4th in the world, is trying to buy it even at a huge loss because it believes that if they can use the high quality steel and patents made in Japan, which is said to be the best in the world, to produce it in the US and get US companies to buy US Steel's steel instead of Chinese steel, they may be able to compete with China in the future.
Currently, the top 10 steel companies in the world are monopolized by Chinese companies. This is due to a sense of crisis that if things continue as they are, all steel will be made in China.
Japan needs Japanese only military. Tell Trump to pull your forces out
@@GI876758 The only way to make that happen would be for Japan to spend tens of billions of dollars to buy nuclear submarines from the United States.
かつて日本が核を所有すると言うと、常にアメリカの政府がそれに慄き、日本にすぐ飛んできて止めた過去が幾つもある。日本が武装化するのを1番恐れてるのは実はアメリカ
@@あきと-n5q そんな事実は無いし最後に核武装論が出たのは1964年に中国が核実験を成功したことを受けてドイツと意見交換した1969年が最後。ただフランスのエマニュエル・トッド氏のように日本は核武装すべきという海外の有識者は何人かいる。
Really we have a USS Plant and as soon as they announced this deal they laid off 1000s of workers!! How is this better for our country?
What does Fetterman have to say about this? He lives literally, right across the street from a steel mill.
It is understandable to block acquisitions for national security reasons.
However, if this deal falls through, Nippon Steel will have to pay approximately $4 billion in damages.
If the government suddenly intervened to block the deal, this compensation should be waived.
Donald Trump is going to shill Qarddin Token hard after the inaguration 😂
US Steel must remain United States owned. The sale absolutely must remain US owned.
No American company will buy US Steel because other steel companies and the steelworkers' union are waiting for the takeover to fail and for the company to go bankrupt. To them, employees are just a nuisance, and all they want to do is buy US Steel's assets as cheaply as possible after the bankruptcy, when they will be broken up and sold. They don't need employees.
But maybe things will play out as they expect.
All these people fear mongering about blocking the deal is silly. US Steel is profitable. Nippon will lay off people after 10 years. The average US Steel worker is too dumb to realize it. The better solution is for Biden to block it, then a bill is passed to provide significant funding to CLF, NUE, and X
No. If they do so, US steel will go bankrupt
Bull sh it! Keep our company's in America
😂😂😂How ignorant Trump voters are. There are hundreds of American companies in hundreds of countries. Let's close down all American companies around the world, okay?😂😂
@ALuizRGthe ignorance is not on them 😢 it’s you
@ALuizRGAmerica first makes sense.
You must be
A democrat
As if they will pluck the furnances out, load them on the ships and take them to Japan.
Your US tax dollars at work ladies and gentlemen. While your kids get a substandard education, the streets are filled with homeless people, and you can't afford your groceries ..but hey at least we can fund a proxy war that has ZERO to do with us, isn't our problem, and isn't our conflict. That extra money they just got from congress is of course on top of the 10 mil we already give them DAILY. We give them more money then any other country on the planet. Have for decades. Remember that the next time you drive on a busted up street or pay 4$ a gallon at the pump and wonder what it is congress does with all that money we give them.
If Trump puts at least $200,000 in Qarddin, I am going all in
Our steel plants should never be sold to ANY foreign country!
Joe needs to stop making any decisions.
For SECURITY REASONS U.S. Steel MUST remain INSIDE the USA!!!!!!!!!!!!!!!!!
If war were to break out, steel is one of the clear necessities. As a grandson of a 'Kaiser Steel' retiree, I find it crazy that we (America) would give up control of a natural resource to any foreign country. My grandfather, and 4 of his sons worked the now defunct Kaiser Steel.
America has no problem with American troops being Japan though. Ironic double standards
Hit 250k today. Appreciate you for all the knowledge and nuggets you had thrown my way over the last months. Started with 24k in July 2024
This must be an investment with Mrs Geraldine Ann Philip
Wow! Kind of in shock you mentioned expert, Geraldine Ann Philips. What a coincidence!!
⠀ She helped me recover what I lost trying to trade myself
Geraldine Ann Philip understanding the market indicators is impressive. She knows exactly when to enter and exit trades for maximum profits. her siignals are top notch
That's amazing, I've seen different people talking about this Geraldine Ann, she must be a cool woman for people to talk this about her,how do you people earn money?
These people would sell their soul for money. 😂Theres a lot of evil im this world.
The guy speaking in this video looks like a robot 😢
Do not sell US assets to enemies.
Japan is your enemy, you’re a genius.
US steel is typicla of US companies, no investment and run into the ground by its current management, if it stays us it will be yet another 18th century us company unable to compete globally because its garbage.
Not even to any countries. Friends today could become enemies tomorrow
Japanese company is US enemy?
I'm glad to finally hear the honest opinion of an American.
I really think Japan should be independent, but for now I think it's best to maintain friendly relations with each other...Okay, listen carefully, there are many Diet members in Japan who have fallen in love with China because of high-end Chinese food, unlimited credit cards, and female bees.
Diet members are not a profession for those who care about the country, but at least 200 people are in office simply because they want vested interests.
When the United States coldly abandons Japan, Japanese Diet members will start to seriously side with China.
The current Foreign Minister was unable to visit the United States because he was bribed by a Chinese casino.
He traveled to China first and promised a 10-year visa exemption. Think carefully before China advances into the Pacific Ocean.
I apologize if there are any errors in the translation, sorry.
For reasons regarding National Defense and Defense Production I believe that US Steel must remain US owned and operated. Imagine having our steel production able to be shutdown or disrupted by a foreign adversary during a time of war that would require massive steel production for weapons.
No.... Blocking the deal will have significant losses for executive payouts..... Ask how much the executive payout is..... I bet it's in the hundreds of millions in total.... That's not going to workers.
corruption
What happens to military readiness if a foreign entity takes over US steel production?
What does a Japanese company know that they want to buy a "failing" steel company?
Billions of Dollars in investment to upgrade those old steel mills. Without this capital investments of Nippon Steel, you won't be competitive.
@@mikew.to1 One of the reasons we one WW2 was our strong steel industry and it's ability to switch to a war time footing. Suppose we let Japan take over the steel mills and the worst happens--WW3 and we are involved, could/would the Japanese owners just say "It's not our problem"? It's things like this that concerns me about being so reliant on other countries for what we need. Right now, china could easily win the war without firing a shot by simply shutting us off.
@@olska9498 I think the gov't needs to help maybe with some tax credits. It was their fault for allowing all these companies to go to china and such.
I had a small cabinet shop when Regan was in office and he removed the import tariffs and gave us tax breaks so we could import modern equipment from Italy. With that equipment, we were able to compete with the large European companies that were threatening to take over the market.
@@danstepnik2012 Even more government handouts for mega-corporations? If you can't compete on your own, maybe it's time for you to become a service worker. Regan increased government debt to GDP by 20%. I don't think the US can afford another Regan. The only president in recent times who decreased debt to GDP was Clinton.
America first. Not union workers.
US Steel is essential for building and maintaining railroads
Bridges, Border Wall, Chains, Machinery, Parts, etc....not just railroads.
In the end it will be owned by Japan!!.. It will benefit their economy and heavy Industry not ours.. no matter how they try to sugarcoat it. This is a pure national Security matter.
😂😂😂How ignorant Trump voters are. There are hundreds of American companies in hundreds of countries. Let's close down all American companies around the world, okay?😂😂😂
One way or another those old outdated steel mills will shut down if no one invests huge sums of money in them, and the current owner is not interested in that
American troops in Japan paid by Japanese tax dollars. But Americans never thought of that it is a security threat for Japan
@ALuizRG why do you live in a little shack then?
Tough!! No sale!
Do not sell US Steel, Keep it American.
We gave hundreds of billions to Ukraine, we can afford a 4 billion investment to keep US steel as a strategic defense industry. Imagine if we get in a real war and suddenly have no capacity to manufacture steel? We would be in deep trouble.
U.S steel needs to remain American owned! Hey Elon, can you spare a few billion?
The executives didn’t modernize the plants when they should have. They shouldn’t be allowed to receive any benefits from the sale whatsoever
Steel needs stay USA 🇺🇸
u.s. steel is history for u.s. keep it that way
Should be sold to a US company period.
All our industry should be in America & owned by Americans 💯🇺🇸
Stop this nonsense!!
a super power that doesn't make their own steel?
If we put so much money in Ukraine, why can't we keep this company american? Stop seeling america.
And , Slobodan Aćimović told me and my mother , that , the business of US Steel in Serbia then was to oversee that Serbian army tanks ( tanks From Russia s Soviet s era made ) Are being Transformed into Steel metal onlly for being sold out as mere Steel NOT military equipment tanks or else .
China using drones to steal our steel! 😂
No don't do it USA steel must stay in america no steel no nothing O
"Alcoa" 🤔
"Alcoa" used to report each quarter a profit of Nine to twelve cents a share . 🇺🇲
What will the Japanese do that we cant do ourselves?
BS... it needs to be owned by America.
Bad sale.
If it benefits Americans, count it out.
When mother and i decided to live in Our home Land of Serbia in end 2012 , - 2013 , capital Belgrade , one of mother s "friends" Slobodan Aćimović , told me and mother , that Because US Steel left Serbia , then , prices , on Real estate goods have fallen , that was his thinking , Slobodan Aćimović worked in a Bank in London in the 1980 s for ten years , later in Cyprus , Laykozia , for many years , Also .
Nope, it belongs to the USA!
Why block an ally nation which company would stay based in the USA? Wouldn’t this actually help
Allies change frequently. That’s one of history’s most enduring lessons.
No foreign country should own any American business.
The ignorance and misinformation is appaling here. There are many US Steel companies, NUCOR, Steel Dynamics, Cleveland Cliffs, that are larger than US steel.
There is a much better way of keeping US Steel under "american" ownership - Someone come and pay more than what Nippon is paying and investing.
US industrial base is important to our security! Dont sell off our industry to foreign countries.
Bull japan will ship employees to America
We need people who put America FIRST. Not money. American pride has been lost and it shows we are becoming so dam weak and pathetic to the rest of the world. American manufacturing needs to be amped up and keep it IN our country stop selling us out!!
One concern is that American companies have declined due to "competition" from international companies. Many countries have low standards of living. Use cheap labor, in some cases children and incarcerated individuals. Americans want/demand pay and benefits. Then we need to support our companies 1st.
I could be wrong here, but didn't we recently (1-2 yrs ago) have a problem with the steel quality that came out of Japan? We had to repair/replace some infrastructure projects as a result? I swear I recall that. If I am wrong, I will apologize now. Have a great day.
Americans live above their means and get subsidized by the rest of the world via the dollar's role as reserve currency. Americans are welfare queens.
can the govt just bail them out so they can recover
Read my comment above, they all need rebuilt, I lived in North Versailles above the mill. They are OLD!!!!
How about timken here in Ohio I know career workers there, first they finally went public and now they sold out as soon as shareholders get involved it's never good for front line workers.
"US Steel" 🤔
"Alcoa" ( Dow Component , Alcoa , aluminium producer ) . 👏👏👏 . 🇺🇲
It's too convenient for Americans to buy as many companies in other countries as they want and not allow them to be bought.
What we do while claiming a free economy is no different than socialism or communism.
What companies and in what countries were they bought? All I know is that no American may own Any land in china but they've been allowed to buy our farmland.
Harm the shareholders!?
It will add 100s of robots and eliminate 1000s of workers ... Lmao 😅
No. Your lying. We will be hurt if we sell our ability to make our own steel. And you cant give them money but can give money to ukraine. Tells you everything you need to know.
Without those capital investments by Nippon Steel, you'll actually lose your ability to make steel. Take the investments by Nippon Steel so that America can produce steel.
Our economy will not be harmed. This company needs to remain American.
The deal is over.
I thought Cleveland Cliffs wanted to buy US Steel that is an American Company
Cleveland Cliffs will close most of the USSteels mills to create a monopoly of steel in the United States
@ I don’t understand your point . I am a retired Steelworker and know there aren’t many American steel companies left . Maybe we should ask Congress
GE appliances has been owned by a Chinese company since 2016
😡
If it is bad for America FJB likes it.
I strongly agree with this.!👷🏽
Yes, 25% tariffs on Canadian steel will help the situation. Trump is going to have to nationalize it to fix it. The chances are 0%.
FJB
Make America Great Again , no sell off to overseas companies. Our Great President Trump would keep it in America.
Qarddin Token has two of the largest Tesla shareholders already; most likely something is coming
F J B
The elephant in the room is, the comparison of the pros and cons of industrial automation. Does a Japanese company really have "employee benefits" and that particular state's economic improvement in mind?
Why does mr Griffith have so many Hasidic books? 😊
When Trump takes office the 10 year going over 5.
Unfortunately, not all of us were financially literate early. I was 35 when I finally educated myself and started taking steps. I went from $176,000 in debt with zero savings or retirement to now, 2 years later, fully debt-free and over $1000,000 net
worth. I know that doesn't SOUND like a lot, but I'm incredibly proud of it. Now l'm fast-tracking my wealth building (investing $400,000 annually) and don't owe a dime to anyone. It's a good feeling.,,
I'm 37 and have been looking for ways to be successful, please how??
I thank ROBERTA ANN CAUDILL who has always been there to help me with detailed analysis and recommendations that I would not have had access to otherwise.
Same, I met Roberta Ann Caudill last year for the first time at a conference in Wilshire, after then my Life has changed for good.God bless Roberta Ann Caudill.
😱Sounds familiar, I have heard her name on several occasions.. and both her success stories in the wall Street journal!
I googled her and yes, she has captured my heart. She just got a new client
Thank you Lord Jesus for the gift of life and blessings to me and my family $14,120.47 weekly profit Our lord Jesus have lifted up my Life!!!🙏❤️❤️
I'm 37 and have been looking for ways to be successful, please how??
Sure, the investment-advisor that guides me is..
Mrs Joyce kim
Same i met Joyce kim last year for the first time at a conference in Wilshire after then my Life has changed for good.God bless Joyce kim
Her services is the best, I got a brand new Lambo last week and paid off my mortgage loan thanks to her wonderful services!
Sell the heritage foundation, that money scam is part of the problem
Biden big guy legacy
X and Qarddin Token are going to be merged. Easiest money in my life
Ah yes, another expert.
Ah the no win scenario. One of their favorites. You know what will fix this? More neocon style globalization
America will sell its soul for money,this is another example,can you say sumitomo in ny.
THIS IS INSANE.
Are you a MILL HUNK?? if not you may not understand the whole situation. Thank You
US Steel has been struggling for quite a few years, and they need a large cash injection to remain viable, in the global economy. Note the word global. Perhaps, you the taxpayer, would be interested in putting in the large amounts of money needed.
Excellent comment, my son works at E.T.
I like the idea of opening federal land that are populated with scorpions to create new towns 🥰however make sure to build nice ponds for fly fishermen cause no fishing opportunities no investment on my part.😀
Takeover will mean layoffs of all American workers who will be replaced by foreign workers to save $$$$$$! 😮😢
Everyone is an expert, and they are wrong most of the time. PS, no one is an expert, they are just educated in that area or work in that area, that does not make them an "EXPERT".
Why don't we just let China have the entire country you can do what they do rent it hire us workers.
No thanks
No deal
My son works at ET, my family has blood in this, do you? his job now?? If you're not a MILL HUNK none of you will understand. Thank You
Blocking the sale will hurt the investors of Nippon Steel. As he pointed, it's all about the stock market that is 93% owned by the filthy rich, NOT the common person.
Cherish this, it's fantastic work, complete support and thanks as a proud U.S made Brilliant fan from Kanchan Pune India.
Dude is a canary democrat…
Admire this, it's incredible work, full support and thanks as a proud U.S made Brilliant fan from Kanchan Pune India.
We just went through this 3 years ago how could Bidumb ever let this happen..
Truly a terrible time for our country
Duh! Biden didn’t let it happen. Our CAptains of Industry went for stock options, etc instead of updating the company. Greed corrupts everything including patriotism.