return2ozma@lemmy.world to politics @lemmy.world · 7 months agoBiden believes Nippon purchase of U.S. Steel deserves "serious scrutiny"www.politico.comexternal-linkmessage-square13fedilinkarrow-up1148arrow-down13
arrow-up1145arrow-down1external-linkBiden believes Nippon purchase of U.S. Steel deserves "serious scrutiny"www.politico.comreturn2ozma@lemmy.world to politics @lemmy.world · 7 months agomessage-square13fedilink
minus-squareTransporter Room 3linkfedilinkarrow-up49arrow-down1·7 months agoBecause it kind of is. The country’s largest domestic supplier of steel shouldn’t be in foreign hands, no matter what countries you’re talking about.
minus-squarethorbot@lemmy.worldlinkfedilinkarrow-up12arrow-down1·7 months agoYeah and the us department of defense uses 3% of that steel to manufacture military items. It absolutely is a national security consideration
minus-squareRapidcreek@lemmy.worldlinkfedilinkarrow-up7arrow-down2·7 months agoYou are correct. But, when they say this, the deal is dead.
minus-squareGarbanzo@lemmy.worldlinkfedilinkEnglisharrow-up2arrow-down2·7 months agoBut how though? What does it matter if the profits end up in the pockets of big corporations over there instead of here? What nefarious plot would be averted by disallowing the sale?
Because it kind of is. The country’s largest domestic supplier of steel shouldn’t be in foreign hands, no matter what countries you’re talking about.
Yeah and the us department of defense uses 3% of that steel to manufacture military items. It absolutely is a national security consideration
You are correct.
But, when they say this, the deal is dead.
But how though? What does it matter if the profits end up in the pockets of big corporations over there instead of here? What nefarious plot would be averted by disallowing the sale?