A rival company of US Steel wants to acquire it cheaply, so they are obstructing the process. They claim it’s due to national security concerns, but Japan has been a longstanding, reliable ally that plays by the rules. Despite being dragged down economically in the past through unfair agreements like the Plaza Accord and the US-Japan Semiconductor Agreement, Japan has remained committed to the alliance. Yet, the US government still hasn’t provided clear evidence to justify its stance.
As a Japanese, it doesn't matter whether Nippon Steel can or not acquire US Steel, but I don't understand why Japanese companies pay penalties due to Biden's interference. Shouldn't the penalty be paid by the U.S. national budget if it was the president's decision?
SADLY, BIDEN has never followed any budget and that’s WHY we’re in this mess. Praying for JAPAN 🇯🇵 as well as the US…can’t wait for #47 to get INAUGURATED. 🙏🏽♥️
Everyone slamming this acquisition by Nippon doesn't understand the deal. Japan is our ally after all. If they can revive a dying US company and keep the manufacturing in the USA...seems OK to me. They need to explain the acquisition better to the American public as they will in this lawsuit.
Glad someone here has some sense. Most people just think in slogans. And most of them don't realize that Evraz and NLMK are Russian companies that jabe operated mills in the US for a while now.
I think it’s the nostalgia of US Steel playing into it, was started by Andrew Carnegie, bought out by JP Morgan and became the first billion dollar corporation in 1901 and was a major force in the US industry and giant in the steel industry too. So I guess to many people against the deal they feel like it being sold to a Japanese company and being owned by anyone else besides US Steel feels wrong. I don’t recall a lot of people against when Cleveland Cliffs offered to buyout USS lol as a small stockholder of USS I wouldn’t mind the profit from the sale for sure and would be glad to see it survive since I’ve followed its legacy for a long time, but on the other end I’m kind of against it cause once it becomes private and a subsidiary of another company I lose that connection saying “well I own part of it” so it’ll be that loss of a connection to it that I’ll miss
Japanese here. I hate to say this but Japan has been a loyal puppet of US since WW2 ended, and most Japanese acknowledge the fact that Japan is literally the 51st state of US. So Japan is more than an ally. This deal should be a win-win situation.
Are we really allies to the US? Does the fact that there are security issues mean that they consider Japan an enemy? I was really disappointed with the results this time.
You are clearly not paying attention. Trump said he would block the sale as well. But because Biden did it, you disagree, but not Trump. You are a cultist. Oh, and this sale is a joke. Nippon said they would add Billions to the US Steel industry because the US owners are too cheap and prefer profits over worker compensation.
@@paulmartin8299 the CEO of the cleveland cliffs is not even American lol .... and They are the ones behind is deal-ban You guys are really easy to be brainwashed huh
U.S. and Japanese steel manufacturers are not major players in the global market anymore. Nippon steel turned their business from making everything to only higher profit products and became one of the high profit companies among steel manufacturers successfully. US steel has been struggling for a long enough time and seeking support, but None of US companies or governments were willing to help them. This deal is not only about U.S. market, but rather survival of the fittest for both of Japan and U.S. steel industry in the global market against other global major players.
@@dizzleslaunsen2372 1 China Baowu Group (China) 2 ArcelorMittal (Luxembourg) 3 Ansteel Group (China) 4 Nippon Steel (Japan) 5 Hesteel Group (China) 6 Jiangsu Shagang (China) 7 POSCO (Korea) 8 China 9 China 10 India 16 Nucor (USA) 22 Cleveland-Cliffs (USA) 27 US Steel (USA) What are you talking about?
The U.S. exclusively sells government bonds, not physical assets. While the U.S. has the ability to create money easily out of thin air, it cannot create steel mills in the same way. Therefore, if Japan accumulates excess U.S. dollars, their only option for disposing of them is to purchase U.S. bonds, rather than acquiring assets.
I don't know about the closest ally but we're allies Japanese citizens actually want our base out of Japan because of the crimes our soldiers commit there.
If this acquisition falls through, cheap and poorly made Chinese steel will flood the U.S. market. China will seize dominance over the global steel industry. By working with Japan, the U.S. could have maintained its domestic factories to efficiently produce high-quality steel. This would have not only countered China but also lowered steel prices in the inflation-ridden U.S. market. It was the only viable strategy to stand up to China, but the U.S., in an effort to save face, foolishly rejected this opportunity. To protect American jobs, impose high tariffs on Chinese steel products now!
Why not let them? JBS, America's largest beef processor is owned by Brazilians, Smithfield Pork, America's largest pork processor is owned by China. Our largest oil refinery in Port Arthur Texas is owned by Saudi Arabia. Numerous foreign country's own hundreds of thousands of acres of crop and forest land throughout the US. Our government has been selling us off for years. I'm sure there is many more situations like the ones I listed, that we don't even know about.
Compare US steel plants to Japanese steel plants - Nippon would have modernized the plant and provide jobs for decades. US Steel was consumed by poor management and greedy union leaders. Perhaps a sale to Nippon would allow the plant to get a fresh start.
If the government doesn’t do anything for the local people after this action, Biden will say Trump has failed them. Trump will say Biden has made a wrong decision.
The only reason Biden did this was so Trump wouldn't get the credit for doing the same thing... not like Trump would get credit for any of the good things he does anyway.
The MSM is ignoring the new Chinese plague, human metapneumoniavirus. The borders and China should be shut already. Look for MSM to lay the blame on Trump down the line.
Then how about America pulling out of other countries too? Don’t preach "Free Country " when it’s convenient for you and switch to socialism when it’s not.
The U.S. exclusively sells government bonds, not physical assets. While the U.S. has the ability to create money easily out of thin air, it cannot create steel mills in the same way. Therefore, if Japan accumulates excess U.S. dollars, their only option for disposing of them is to purchase U.S. bonds, rather than acquiring assets.
it would violate antitrust law against usa population to allow japan to buy it. so the lawsuit against usa govt has no actual legal merit. it was good economic decision to block this sale, its illegal in usa to do mergers and sales in big business that may result in harmful monopolies and antitrust. this would reduce competition in usa harming economy. lawsuit against usa has no merit. usa should counter sue the union for antitrust attempt.
The U.S. exclusively sells government bonds, not physical assets. While the U.S. has the ability to create money easily out of thin air, it cannot create steel mills in the same way. Therefore, if Japan accumulates excess U.S. dollars, their only option for disposing of them is to purchase U.S. bonds, rather than acquiring assets.
It is understandable that the United States prohibits acquisitions for national security reasons, as the steel industry is a vital sector for any country. However, if the deal falls through, Nippon Steel will have to pay approximately $600 million to U.S. Steel. Considering that U.S. Steel is fully supportive of the transaction, the sudden intervention by the U.S. government to say “No” should render this penalty invalid. From 2019 to 2023, Japan has been the largest source of direct investment in the U.S. for five consecutive years. I hope that the trust between Japan and the U.S., built over the years, will not be undermined for the sake of a single company.
I am a Japanese person who loves the United States, but this time, I am deeply disappointed. Despite the fact that the United States is Japan's most important ally, rejecting Nippon Steel's acquisition proposal for U.S. Steel in favor of prioritizing the upcoming domestic elections cannot be considered a rational decision. What makes this even more disappointing is that not only President Biden but also former President Trump share the same stance. Japan and the United States have a security treaty, under which Japan has renounced its military power. However, this decision raises serious concerns about whether the United States would prioritize its own interests and abandon Japan in the event of a security crisis in the future.
You shouldn't. They just want more money for a company that has been losing money for decades. Just a negotiating ploy. Don't understand why Nipon Steel wants to buy into a rotten sweet potato anyway?
Some rumor said that the reason the US government is blocking the Nippon steel deal this time is to intentionally crash US Steel's stock price so that Cleveland-Cliffs and Nucor can propose a partial acquisition at the lowest price possible.
I doubt the U.S. can achieve this, even with tariffs and government assistance. The country no longer dominates manufacturing as it did in the 1960s and 1970s, when it was the only one that knew how to manufacture and had the capacity to do so. Over time, other countries have caught up by offering cheaper labor, causing the U.S. to lose much of its manufacturing edge. To compete and reclaim its position, the most practical solution would be to lower production costs, which could mean reducing wages. However, the real question is whether Americans are willing to compromise their salaries and standard of living to make this possible. im not talking about the US steel alone but the entire economy as a whole
Foreign ownership of US companies is not new. FCA US, LLC, a Netherlands Company, doing business as Stellantis North America and known historically as Chrysler one of the "Big Three" automobile manufacturers in the United States, headquartered in Auburn Hills, Michigan. It is the American subsidiary of the multinational automotive company Stellantis. Stellantis North America sells vehicles worldwide under the Chrysler, Dodge, Jeep, and Ram Trucks nameplates. It also includes Mopar, its automotive parts and accessories division, and SRT, its performance automobile division. The division also distributes Alfa Romeo, Fiat, and Maserati vehicles in North America.
@@pwilliam255Better yet,replace them with a board of directers, that way, being publically traded, they can be bought up piecemeal by foreign billionaires and then moved to china.
well, I disagree with your statement in principle, however, US steel is required for national defense and American jobs. Trump blocked it too, fox seems to have a double standard.
@@Canada_Matt That is what Trump said about TikTok too but he is changing his stance. If Nippon can show US gets more out of the deal, I think Trump would change his stand.
japan and international unions tried to violate antritrust and failed. also suing usa govt with no legal merit as outside nation, has no legal standing at all. this lawsuit has no merit.
I have an idea!! (Everyone, please hear me out) 🇺🇸♡🇯🇵 Japan is currently under a contract that requires it to pay a hefty penalty of 80 billion yen to the United States if this deal falls through. Therefore, if the Japanese company is blocked by the U.S. government from proceeding with the acquisition, Japan will have no choice but to pay the penalty, which is a significant loss for the Japanese side. So, in court, how about Japan agreeing not to pay the penalty to the U.S. in exchange for abandoning the acquisition of U.S. Steel? Then, U.S. Steel can be acquired by another American company! I understand that writing this may not make much of a difference, but I believe it is a very important suggestion. Japan and the United States must not have a falling out! With tensions rising among Eastern countries, why should Western countries fight among themselves?
It’s good that the deal didn’t go through. I mean Americans keep complaining that their manufacturing industry is not growing but at the same time let foreign competitors take over their manufacturing companies, why?? There should be control over unrequired mergers and acquisitions. A lot of times such deals lead to the demise of the company, loss of jobs, and massive harassment of employees. Who won from Elon Musk’s acquisition of Twitter?? The company is performing worse than ever and a lot of employees lost their jobs.
This acquisition should have been approved in order to compete with China's production capacity. Such an irrational political decision is very unfortunate.
it would violate antitrust law against usa population to allow japan to buy it. so the lawsuit against usa govt has no actual legal merit. it was good economic decision to block this sale, its illegal in usa to do mergers and sales in big business that may result in harmful monopolies and antitrust. this would reduce competition in usa harming economy. lawsuit against usa has no merit. usa should counter sue the union for antitrust attempt.
it would violate antitrust law against usa population to allow japan to buy it. so the lawsuit against usa govt has no actual legal merit. it was good economic decision to block this sale, its illegal in usa to do mergers and sales in big business that may result in harmful monopolies and antitrust. this would reduce competition in usa harming economy. lawsuit against usa has no merit. usa should counter sue the union for antitrust attempt.
A potential foreign acquisition of Japanese retail giant Seven & i would be "heavily related" to national security, Japan's economy minister Ryosei Akazawa said on Wednesday. 😂
This is because convenience stores in Japan are no longer just retail stores, but also serve as social infrastructure, providing services such as delivery services, payment of utility bills, and printing of official materials. It cannot be compared to US Steel at all.
@kar4279 The U.S. government classifies the steel industry as critical to national security and economic stability, while 7 eleven was just recently classified as such and that was done only after the deal appeared
Unions can do some good, but overall they’ve gained too much power and influence. Unfortunately, many have become corrupt and no longer serve the people as they should. They need serious reform to truly represent and benefit workers again.
I know right? I'm thr MOST shocked that NOW i see people being mad over the japanese, but the japs are known for higher quality business than the Chinese are, so they're still the better choice?
How does it strengthen US Security having a foreign company purchase a major steel enterprise? If someone would help me understand this, please? I'm not familiar with it.
If U.S. Steel is dissolved because it couldn't be sold, that reduces American steel production. That impacts more than just the pocketbooks of the execs.
@@Riley_Mundtshe said “other companies operating more efficiently “ would get the workers. Obviously the ceo of this steel company is not doing as good a job as other steel company CEOs. Fire him.
Better yet,replace them with a board of directers, that way, being publically traded, they can be bought up piecemeal by foreign billionaires and then moved to china. THAT'LL "increase security" 🙄
@Riley_Mundt i saw another comment down the main thread, after i asked my queation, that was explaining how the deal with Japan would stop cheap Chinese steel from invading the US market. That kind of made sense. I'm just wondering why there isn't a domestic investor that could fix the company vs selling off, and as another suggested, replace the poor leadership within USS.
it doesnt. they are spewing incoherent lies to violate antitrust against usa people. the lawsuit has no legal merit. and the business deal has no economic merit. its usa govt job to protect big business.
our government created this Nafta disaster and now claim they don't like it and Trump Elon and vik wanting more H1B foreign workers say we are not smart enough and lazy. we need lots more, seems like American workers not winning at all here.
Thank clinton for allowing corporate shills to sell out Americans for profits. Then scream we can't compete. Take a pay cut like Americans had to do because you have to make 30+ mill per year. Time to even the scales and get back to work.
Japanese companies are creating millions of jobs in the US. Also, US Steel's plant will be upgraded and will remain in the US. Japan has a long history of investing in the US as an ally.
Don't sell it just close it as the union demands. When you can't compete what else do you do. Now if the union was really interested in jobs they would invest and be an owner and get the huge bonuses that way they claim stockholders do. Be aware that many companies are that now and worker got a big eye opener and most of the companies worked thru the rough times and things turned out to benefit all.
@@ZeroPoliticalCorrectnessLetsTa Listen to what US Steel CEO said after Biden banned the deal. This is political. This is what big corporations do using lobbyists influencing politicians.
A rival company of US Steel wants to acquire it cheaply, so they are obstructing the process. They claim it’s due to national security concerns, but Japan has been a longstanding, reliable ally that plays by the rules. Despite being dragged down economically in the past through unfair agreements like the Plaza Accord and the US-Japan Semiconductor Agreement, Japan has remained committed to the alliance. Yet, the US government still hasn’t provided clear evidence to justify its stance.
America first
@@ftu2021 If America first USS should be acquired otherwise it won't survive and many people will lose their job
You couldnt have put it better mate.
Biden is China's puppet that's why.
You guys are throwing our allies to china @@ftu2021
買収されなければ経営破綻する企業に国家安全保障を任せているとすれば、アメリカはもう終わりだ。
😂😂😂😂😂😂😂
企業間での合意がされていて国家安全保障上、何のデメリットもない取り決めを大統領の一存によって覆されるとなると米国への投資の信頼性が失われる可能性はある
みんなすんごい反米感情高まったよね、差別発言もされるし今ならアメリカより中国の方がマシだわ
@@グーグル先生 流石にそれはない
The government will create a new organization if they must. Our interests will be protected.
As a Japanese, it doesn't matter whether Nippon Steel can or not acquire US Steel, but I don't understand why Japanese companies pay penalties due to Biden's interference. Shouldn't the penalty be paid by the U.S. national budget if it was the president's decision?
SADLY, BIDEN has never followed any budget and that’s WHY we’re in this mess. Praying for JAPAN 🇯🇵 as well as the US…can’t wait for #47 to get INAUGURATED. 🙏🏽♥️
心配するな。大統領が直接介入してくることは契約書に織り込まれてないので無効または違法。
仮に大統領の判断が肯定されれば同盟関係に響く。なぜなら大統領が安全保障上の懸念という、日本を敵対視しているととらえかねない発言をしたため。
安全保障に関わる産業を世界の警察(笑)のアメリカが放置していたのは愚かな事だ
shut up hiroshima nagasaki
The millions of penalty will most likely be invalid in this case. Otherwise it's the biggest scam by both USS & Biden
China must be celebrating right now 🎉
shhhhhhhhhhhhh
exactly
It's too bad only a few people know how Biden's decision was influenced by China.
Don't you think 78.4%(China steel-production market share in November 2024) caring about 6.9%(Japan) and 6.4%（US）is a kind of EXCESSIVE WORRYING😂😂😂
Do you think they gave a favor for Biden?
Everyone slamming this acquisition by Nippon doesn't understand the deal. Japan is our ally after all. If they can revive a dying US company and keep the manufacturing in the USA...seems OK to me. They need to explain the acquisition better to the American public as they will in this lawsuit.
Glad someone here has some sense. Most people just think in slogans. And most of them don't realize that Evraz and NLMK are Russian companies that jabe operated mills in the US for a while now.
I'm Japanese and I think 97% of Americans think that Japan is part of China.
I think it’s the nostalgia of US Steel playing into it, was started by Andrew Carnegie, bought out by JP Morgan and became the first billion dollar corporation in 1901 and was a major force in the US industry and giant in the steel industry too. So I guess to many people against the deal they feel like it being sold to a Japanese company and being owned by anyone else besides US Steel feels wrong. I don’t recall a lot of people against when Cleveland Cliffs offered to buyout USS lol as a small stockholder of USS I wouldn’t mind the profit from the sale for sure and would be glad to see it survive since I’ve followed its legacy for a long time, but on the other end I’m kind of against it cause once it becomes private and a subsidiary of another company I lose that connection saying “well I own part of it” so it’ll be that loss of a connection to it that I’ll miss
Japanese here. I hate to say this but Japan has been a loyal puppet of US since WW2 ended, and most Japanese acknowledge the fact that Japan is literally the 51st state of US. So Japan is more than an ally. This deal should be a win-win situation.
@eathangogo9370 Japan is the 51st state? Canada will be disappointed.
Are we really allies to the US?
Does the fact that there are security issues mean that they consider Japan an enemy?
I was really disappointed with the results this time.
アメリカは日本にびびってるだけでしょう。
アメリカの言いなりになる事が同盟国って事ですか？😅😅
@@我名前変更多 中東政策を見れば日本がアメリカに追随していない事例も多くあることがわかるよ、ちゃんと利害は考えている
私も同じです😢
Japan is a competitor, an adversary.
Trump is expected to mention Qarddin this week and the ICO is already almost sold out
Calling Joe Biden shameful, and corrupt is a norm now.
Hey we're did you get the emojis I want 😢
You are clearly not paying attention. Trump said he would block the sale as well. But because Biden did it, you disagree, but not Trump. You are a cultist. Oh, and this sale is a joke. Nippon said they would add Billions to the US Steel industry because the US owners are too cheap and prefer profits over worker compensation.
Ewe spelled tRump wrong ma'am
Yeah but this is NOT one of those shameful moments. This was America First.
@@angus4352 tds is a real mental disease and I hope you can get help!
Maybe the older generation doesn't understand the difference between China and Japan.
Are you Japanese? WWII Japan killed near to 150,000 Americans. You don't know nothing about Japan empire
Both are not Americans.
@@paulmartin8299 the CEO of the cleveland cliffs is not even American lol ....
and They are the ones behind is deal-ban
You guys are really easy to be brainwashed huh
According to them both are crossed eyes nations
U.S. and Japanese steel manufacturers are not major players in the global market anymore. Nippon steel turned their business from making everything to only higher profit products and became one of the high profit companies among steel manufacturers successfully. US steel has been struggling for a long enough time and seeking support, but None of US companies or governments were willing to help them. This deal is not only about U.S. market, but rather survival of the fittest for both of Japan and U.S. steel industry in the global market against other global major players.
Nippon Steel is at 4th. Still a major player. USS is a mess tho
@@umikazetubeus steel is fifth…….what are you talking about
@@dizzleslaunsen2372
1 China Baowu Group (China)
2 ArcelorMittal (Luxembourg)
3 Ansteel Group (China)
4 Nippon Steel (Japan)
5 Hesteel Group (China)
6 Jiangsu Shagang (China)
7 POSCO (Korea)
8 China
9 China
10 India
16 Nucor (USA)
22 Cleveland-Cliffs (USA)
27 US Steel (USA)
What are you talking about?
@@dizzleslaunsen2372US Steel is 27th. What are you talking about?
Well said. That's why Chinese communists are dancing and singing in joy now .
If there is a national security problem with this deal, why has the U.S. government left US steel unattended for so many years?
Japan is one of american closest allies dont know why they block it US steel is already in decline
biden has been personally and secretly allied with China
The U.S. exclusively sells government bonds, not physical assets. While the U.S. has the ability to create money easily out of thin air, it cannot create steel mills in the same way. Therefore, if Japan accumulates excess U.S. dollars, their only option for disposing of them is to purchase U.S. bonds, rather than acquiring assets.
I don't know about the closest ally but we're allies Japanese citizens actually want our base out of Japan because of the crimes our soldiers commit there.
If this acquisition falls through, cheap and poorly made Chinese steel will flood the U.S. market.
China will seize dominance over the global steel industry.
By working with Japan, the U.S. could have maintained its domestic factories to efficiently produce high-quality steel.
This would have not only countered China but also lowered steel prices in the inflation-ridden U.S. market.
It was the only viable strategy to stand up to China, but the U.S., in an effort to save face, foolishly rejected this opportunity.
To protect American jobs, impose high tariffs on Chinese steel products now!
Most of our steel comes from West Taiwan anyway.
A ☢️ 🗾 slave spotted 😂
is america so weak they can’t make their own steel
Nippon Steel has the high technology to help US Steel. Wonder if US government couldn’t do a joint venture?
Cheap Chinese steel is already here. What difference will the deal make? It only weakens the US independence of steel making.
Makessense that Trump would just back another upcoming altcoin instead of Bitcoin for more profits
If Trump puts at least $200,000 in Qarddin, I am going all in
Why not let them? JBS, America's largest beef processor is owned by Brazilians, Smithfield Pork, America's largest pork processor is owned by China. Our largest oil refinery in Port Arthur Texas is owned by Saudi Arabia. Numerous foreign country's own hundreds of thousands of acres of crop and forest land throughout the US. Our government has been selling us off for years. I'm sure there is many more situations like the ones I listed, that we don't even know about.
The fact is that USS is no longer a major company that represents the United States. It is just a weak manufacturer with outdated technology.
バイデンには失望しました。
違約金はアメリカが払うべき！
その通りだ！
850億円はアメリカが払え！！
日本製鉄が適正な買収価格を算定する際に、USスチールが日本製鉄に開示した企業内の情報分の対価としての金額が、買収がなされないと違約金となる訳で... 罰金のような性質というよりかは、情報の対価としての性質が強いんです...
@@kuboo8356
まあやはりあれですね...日本企業側が払う流れにはなりそうですよねこれ...
@@アペプ-n4pそんなんアメリカの国家規模による詐欺やん…
Highly likely there will be partnerships between X or Tesla with Qarddin
Why is US Steel for sale? Why are no Americans making offers?
It's been plagued with union problems and strikes for years.
Compare US steel plants to Japanese steel plants - Nippon would have modernized the plant and provide jobs for decades. US Steel was consumed by poor management and greedy union leaders. Perhaps a sale to Nippon would allow the plant to get a fresh start.
Any other American companies don’t have enough budget and resources than Nippon. 😅
plus stupid regulations the greenies mandate to cut carbon emissions to meet the 30% reduction by 2030
No money
it's really crazy how nobody is talking about the book the elite society's money manifestation
Honestly, if US government does't do anything for the local communities and people after this action, I would say this is ridiculous.
If the government doesn’t do anything for the local people after this action, Biden will say Trump has failed them. Trump will say Biden has made a wrong decision.
The only reason Biden did this was so Trump wouldn't get the credit for doing the same thing... not like Trump would get credit for any of the good things he does anyway.
😂
yes trump has only secret successes besides saving billionaires money at a cost to you!!!
The MSM is ignoring the new Chinese plague, human metapneumoniavirus. The borders and China should be shut already. Look for MSM to lay the blame on Trump down the line.
Put “economic downturn 2018” into your RUclips search bar for a reminder of how bad Trump is at being president.
@dangal9366
Whats so funny about that? Its the truth, in case you don't know what that even is!
Sounds like the steel industry screwed itself.
Then how about America pulling out of other countries too? Don’t preach "Free Country " when it’s convenient for you and switch to socialism when it’s not.
Every day with SONY742K is filled with anticipation.
President: We won’t sell to Japan!
Citizens: USA! USA!
President: The $2 billion will be covered by your taxes!
JOE BIDEN LOVES ❤️ DOING ANY THING CROOKED 😢
GOOD FOR HIM!!!!
@@kevinyork8731Found the beta.
So you disagree with him denying the sale?
Wonder how Trump administration is going to be pumping Qarddin
Unions leaders get rich and bad employees are protected. But majority of employees get screwed
日本に対して露骨に内政干渉する割には、日米企業の連携にはえらい消極的だな。アメリカナンバーワンを実現するには、相性が良い日米企業を連携させて、米軍と軍事産業を活用して、資源をアメリカ企業に優先的に割り当てることやと思うが…。そうすれば、アメリカ企業を販売窓口にして、日本の技術を使えるのでは…。
The U.S. exclusively sells government bonds, not physical assets. While the U.S. has the ability to create money easily out of thin air, it cannot create steel mills in the same way. Therefore, if Japan accumulates excess U.S. dollars, their only option for disposing of them is to purchase U.S. bonds, rather than acquiring assets.
it would violate antitrust law against usa population to allow japan to buy it. so the lawsuit against usa govt has no actual legal merit. it was good economic decision to block this sale, its illegal in usa to do mergers and sales in big business that may result in harmful monopolies and antitrust. this would reduce competition in usa harming economy.
lawsuit against usa has no merit. usa should counter sue the union for antitrust attempt.
With Elon and Trump now working with Qarddin is going to absolutely blow up
Leaks coming out about Trump working together with shareholders involved with Qarddin
今回の買収阻止について非常に残念に思う
日本とアメリカの連携が中国の脅威に対抗する手段なのにアメリカ人の狭量な愛国心で国の舵取りを誤るのは馬鹿げている
The Japanese side believes that a rival company of US Steel interfered with the acquisition.
The U.S. exclusively sells government bonds, not physical assets. While the U.S. has the ability to create money easily out of thin air, it cannot create steel mills in the same way. Therefore, if Japan accumulates excess U.S. dollars, their only option for disposing of them is to purchase U.S. bonds, rather than acquiring assets.
It is understandable that the United States prohibits acquisitions for national security reasons, as the steel industry is a vital sector for any country.
However, if the deal falls through, Nippon Steel will have to pay approximately $600 million to U.S. Steel. Considering that U.S. Steel is fully supportive of the transaction, the sudden intervention by the U.S. government to say “No” should render this penalty invalid.
From 2019 to 2023, Japan has been the largest source of direct investment in the U.S. for five consecutive years.
I hope that the trust between Japan and the U.S., built over the years, will not be undermined for the sake of a single company.
Nippon Steel is wrong here because they didn't ask for permission from the US government about the deal first.
@@vivliforia2262そもそも大統領が介入するのがおかしいんだよ
みんなアメリカ嫌いなっちゃったから今更遅いよーん😮
What do you think about the US government's stance of completely ignoring capitalism?
アメリカの人達もバイデンを批判してて笑った
資本主義はどこですか？
中国が笑ってますね。
My question is how many of those people that are affected by this voted for Biden
Yip
They don’t care. They always think everything is President Trump’s fault.
The Chinese seem pretty happy about it.
Trump has stated he doesn't think US steel should be sold to a foreign company either. What are you hoping for under a Trump administration?
biggest difference between biden and trump is trump can negotiate, biden not
I don't think the US's largest steel company is unionized. Unions aren't always the best thing. They can drive a company out of business.
日本人としては日本政府はそろそろアメリカの衛星国という立場から離れてほしいと思っています。個人的には、中国に従うのも嫌ですが毎年在日米軍に数兆円を払うのも政治的に干渉されるのも、飽き飽きです。多くの日本人がアメリカが台湾も沖縄諸島も同盟国も見捨てるのではないか、と失望しています。難しいかもしれないけれど、日本政府にはこれから全盛期を迎える予定の東南アジアやインドと連携を深めてほしい。
Qarddin is easily going to hit $1 this month
They don't get it joe can't anger the Chinese
Can’t anger the people that own you. CCP has bought off Biden
can you stop bringing china into this? china don’t give 2 fks who you sells it to.
As a Japanese, I am so disappointed.
nobody cares lol🤣
@@alex.2492 but China and your mom will care tho
I am a Japanese person who loves the United States, but this time, I am deeply disappointed.
Despite the fact that the United States is Japan's most important ally, rejecting Nippon Steel's acquisition proposal for U.S. Steel in favor of prioritizing the upcoming domestic elections cannot be considered a rational decision.
What makes this even more disappointing is that not only President Biden but also former President Trump share the same stance.
Japan and the United States have a security treaty, under which Japan has renounced its military power. However, this decision raises serious concerns about whether the United States would prioritize its own interests and abandon Japan in the event of a security crisis in the future.
You shouldn't. They just want more money for a company that has been losing money for decades. Just a negotiating ploy. Don't understand why Nipon Steel wants to buy into a rotten sweet potato anyway?
As a Japanese, I would be very disappointed if many Americans don't know the difference between Japan and China
Some rumor said that the reason the US government is blocking the Nippon steel deal this time is to intentionally crash US Steel's stock price so that Cleveland-Cliffs and Nucor can propose a partial acquisition at the lowest price possible.
I doubt the U.S. can achieve this, even with tariffs and government assistance. The country no longer dominates manufacturing as it did in the 1960s and 1970s, when it was the only one that knew how to manufacture and had the capacity to do so. Over time, other countries have caught up by offering cheaper labor, causing the U.S. to lose much of its manufacturing edge. To compete and reclaim its position, the most practical solution would be to lower production costs, which could mean reducing wages. However, the real question is whether Americans are willing to compromise their salaries and standard of living to make this possible. im not talking about the US steel alone but the entire economy as a whole
😂😂😂😂 a lawsuit against the most corrupt organization in the world!!!!😂😂😂😂
Good luck with that....
usa govt is not an organization.
japan and unions tried to violate antitrust and failed.
the lawsuit has no merit.
They’re giving them a second chance no matter how you look at it 👀
They didn’t give the big guy his 10%,
Foreign ownership of US companies is not new.
FCA US, LLC, a Netherlands Company, doing business as Stellantis North America and known historically as Chrysler one of the "Big Three" automobile manufacturers in the United States, headquartered in Auburn Hills, Michigan. It is the American subsidiary of the multinational automotive company Stellantis. Stellantis North America sells vehicles worldwide under the Chrysler, Dodge, Jeep, and Ram Trucks nameplates. It also includes Mopar, its automotive parts and accessories division, and SRT, its performance automobile division. The division also distributes Alfa Romeo, Fiat, and Maserati vehicles in North America.
Another example, Boston Dynamics, one of the leading robotics companies in the US, owned by Hyundai, previously owned by Softbank.
But they dont look Japanese or Chinese
Lock up Biden !!!!
Lock up obiden's handlers... that's who's really made these decisions.
It’s all about American greed
そんなに大統領が反対するなら仕方ないね、と思う一方で、雇用はどうするの？と心配になる。
USSの方々の失業はどうするの？？？😭😭 america's firstの方向性がおかしい
The Biden administration didn't fail you, it's HOSTILE to you.
Would it be better for US Steel to go out of business ?
How would they? They were trying to sell for 15 B so it must not be doing that bad.
@@jacobvaughn7247 $15 Billion in assets does not necessarily mean it operates at a profit.
Maybe fire the ceo and hire someone that knows what they are doing?
@@pwilliam255Better yet,replace them with a board of directers, that way, being publically traded, they can be bought up piecemeal by foreign billionaires and then moved to china.
@@Integritys_Sum great, so the company will have a dozen people standing around not making steel but making millions per year instead of one.
Joetato so concerned over US companies sold to foreign companies? How abt all the farmland to China?
Qarddin will go 100x after launch on Binance
中国の一人勝ち😢
COOL..... Go Get Him And THEM.....
They must be really broke.
Y'all are talking outta yer butts-
Stop trying to tell us that another country owning huge business IN America is good!
It fkn ain't- period.
well, I disagree with your statement in principle, however, US steel is required for national defense and American jobs.
Trump blocked it too, fox seems to have a double standard.
Yes so much better to import from China lol
@@Canada_Mattmy man. if i didn't had class conscience, i'd be calling you woke.
@@Canada_Matt That is what Trump said about TikTok too but he is changing his stance. If Nippon can show US gets more out of the deal, I think Trump would change his stand.
japan and international unions tried to violate antritrust and failed. also suing usa govt with no legal merit as outside nation, has no legal standing at all. this lawsuit has no merit.
I have an idea!! (Everyone, please hear me out)
🇺🇸♡🇯🇵
Japan is currently under a contract that requires it to pay a hefty penalty of 80 billion yen to the United States if this deal falls through.
Therefore, if the Japanese company is blocked by the U.S. government from proceeding with the acquisition, Japan will have no choice but to pay the penalty, which is a significant loss for the Japanese side.
So, in court, how about Japan agreeing not to pay the penalty to the U.S. in exchange for abandoning the acquisition of U.S. Steel?
Then, U.S. Steel can be acquired by another American company!
I understand that writing this may not make much of a difference, but I believe it is a very important suggestion.
Japan and the United States must not have a falling out! With tensions rising among Eastern countries, why should Western countries fight among themselves?
Lunatic this Joe Biden
It’s good that the deal didn’t go through. I mean Americans keep complaining that their manufacturing industry is not growing but at the same time let foreign competitors take over their manufacturing companies, why?? There should be control over unrequired mergers and acquisitions. A lot of times such deals lead to the demise of the company, loss of jobs, and massive harassment of employees. Who won from Elon Musk’s acquisition of Twitter?? The company is performing worse than ever and a lot of employees lost their jobs.
中国に対抗するとために日本とアメリカは共闘するのではないのか？
はっきり言って残念です。
According to the USA both Japan and China are crossed eyes nations 😂
Why do you want to fight a fellow asian nation? Do you hate your own race?
@@icecube3645 アメリカはどの分野も世界1にならなきゃ行けないはずだろ？
このままじゃ製鉄は全て中国に置き換わるぞ？
アメリカだけではダメだったから日本も協力しようと言ってるんだが嫌なら別にいいよ日本の製鉄は国内で十分足りてるし
ただ後から言い出し違約金払えは同盟国に対しての冒涜であり日本人はこれを忘れることはない
@@icecube3645同じ価値観を共有できるなら人種は関係ありません
Forgot to give biden his 10%
I think you have found the real reason that the “big guy” Biden derailed the deal.
このまま中国の安くて質の悪い鉄で世界が汚染されていいのか？ニュージーランドでも中国鉄鋼は大問題になった。クリフスに買収されるのがベストだと思うが、USSは断った。日本製鉄は雇用も生産量も守るし、トランプ氏が目指すアメリカを再び偉大な国にするという目的にも貢献できるはずだ。
This acquisition should have been approved in order to compete with China's production capacity. Such an irrational political decision is very unfortunate.
it would violate antitrust law against usa population to allow japan to buy it. so the lawsuit against usa govt has no actual legal merit. it was good economic decision to block this sale, its illegal in usa to do mergers and sales in big business that may result in harmful monopolies and antitrust. this would reduce competition in usa harming economy.
lawsuit against usa has no merit. usa should counter sue the union for antitrust attempt.
日米同盟の観点からしても、安全保障政策を活用してアメリカが世界中の資源を確保し、日本企業に加工させるのが手っ取り早いのでは…。
it would violate antitrust law against usa population to allow japan to buy it. so the lawsuit against usa govt has no actual legal merit. it was good economic decision to block this sale, its illegal in usa to do mergers and sales in big business that may result in harmful monopolies and antitrust. this would reduce competition in usa harming economy.
lawsuit against usa has no merit. usa should counter sue the union for antitrust attempt.
You know your country is messed up when Japan is suing you to revitalize your steel industry.
A potential foreign acquisition of Japanese retail giant Seven & i would be "heavily related" to national security, Japan's economy minister Ryosei Akazawa said on Wednesday. 😂
This is because convenience stores in Japan are no longer just retail stores, but also serve as social infrastructure, providing services such as delivery services, payment of utility bills, and printing of official materials. It cannot be compared to US Steel at all.
@kar4279 The U.S. government classifies the steel industry as critical to national security and economic stability, while 7 eleven was just recently classified as such and that was done only after the deal appeared
Unions can do some good, but overall they’ve gained too much power and influence. Unfortunately, many have become corrupt and no longer serve the people as they should. They need serious reform to truly represent and benefit workers again.
私はアメリカと仲良く平和にいきたいです！by Japanese 😢
Promises for endorsements?? How sad when lives are at stake.
Amen
I remember when they sold Kaiser steel to China. How well has that worked out?
I know right?
I'm thr MOST shocked that NOW i see people being mad over the japanese, but the japs are known for higher quality business than the Chinese are, so they're still the better choice?
Our government should be subsidizing the steel and aluminum industries.
Friend with Japan and blocked the nippon steel industry
Let the show begin. So.... onward with the show !
China and Russia.
Focus on taking care of your factory.
I love Biden from china❤❤❤
What good does a union do if there's no company
How does it strengthen US Security having a foreign company purchase a major steel enterprise? If someone would help me understand this, please? I'm not familiar with it.
If U.S. Steel is dissolved because it couldn't be sold, that reduces American steel production. That impacts more than just the pocketbooks of the execs.
@@Riley_Mundtshe said “other companies operating more efficiently “ would get the workers. Obviously the ceo of this steel company is not doing as good a job as other steel company CEOs. Fire him.
Better yet,replace them with a board of directers, that way, being publically traded, they can be bought up piecemeal by foreign billionaires and then moved to china.
THAT'LL "increase security" 🙄
@Riley_Mundt i saw another comment down the main thread, after i asked my queation, that was explaining how the deal with Japan would stop cheap Chinese steel from invading the US market. That kind of made sense. I'm just wondering why there isn't a domestic investor that could fix the company vs selling off, and as another suggested, replace the poor leadership within USS.
it doesnt. they are spewing incoherent lies to violate antitrust against usa people. the lawsuit has no legal merit. and the business deal has no economic merit. its usa govt job to protect big business.
Maria!!! Maria!!! Maria!!!
Steel industry being owned by US is about steel independence in US
One other point, USS at one time was the LARGEST AMERICAN COMPANY, So far we have fallen.
our government created this Nafta disaster and now claim they don't like it and Trump Elon and vik wanting more H1B foreign workers say we are not smart enough and lazy. we need lots more, seems like American workers not winning at all here.
Thank clinton for allowing corporate shills to sell out Americans for profits. Then scream we can't compete. Take a pay cut like Americans had to do because you have to make 30+ mill per year. Time to even the scales and get back to work.
Japanese companies are creating millions of jobs in the US. Also, US Steel's plant will be upgraded and will remain in the US. Japan has a long history of investing in the US as an ally.
Nippon is going to open new steel mills. Stop thinking in slogans amd sound bites.
自由市场is over
Good
Funny. Big Steel endorsed both Kum-a-Lot as well as Joetato. Now he complains abt Dementia Joe's corruption & owing favors???😂
Idk about his political leaning, but I feel something odd about him hearing him talking.
If you want a strong country. Then dont make your enemy stronger.
Andrew Carnegie would be rolling in his grave if he knew about all this.
A robber baron like Carnegie would not hesitate 3 seconds to get rid of a failed asset like his company has become.
He would sell a troubled asset with great joy.
selling the steel Border wall ,Now this i guess we make the wall out of plastic, tons in the nations water ways Fantastic
Don't sell it just close it as the union demands. When you can't compete what else do you do. Now if the union was really interested in jobs they would invest and be an owner and get the huge bonuses that way they claim stockholders do. Be aware that many companies are that now and worker got a big eye opener and most of the companies worked thru the rough times and things turned out to benefit all.
i think it is how much that country encroaching.
アメリカ政府が税金で助ければいい😂🎌
笑ってられるのも今のうちだよ。
al value, unlike so many hyped projects. Holding strong and waiting for the world to notice.
how are americans benefiting from selling this industry?
Have u not been keeping up with Nippons commitment?
@@ZeroPoliticalCorrectnessLetsTa Go learn how messed up steel manufacturing in US. And you will know this is nothing about benefiting but surviving
@@umikazetube Don’t bother they have no clue. This deal was used for Presidential election
@@umikazetube This could be true but there is nothing better to do than sell away? Away meaning out of the country?
@@ZeroPoliticalCorrectnessLetsTa Listen to what US Steel CEO said after Biden banned the deal. This is political. This is what big corporations do using lobbyists influencing politicians.
He's PO'D because his 70 million kickback didn't go through.
😂😂 they are protecting the American company and the steel industry!!!! 😂😂😂😂 but tell me where America 1st failed?
America 1st failed when they elected Barack Obama!