The federal government will reportedly get a "golden share" in U.S. Steel, potentially allowing it to overrule shareholders on some decisions.
The trade economist details the most alarming protectionist policies proposed by the incoming Trump administration.
Blocking Nippon Steel from acquiring U.S. Steel lays the groundwork for a major consolidation of American steelmaking that will harm consumers and the economy.
It's a disgraceful decision that serves as a perfect epitaph for Biden's political career.
Progressives and environmental groups have teamed up with a rival steelmaker to lobby against the U.S. Steel deal.
Joe Biden, Donald Trump, Kamala Harris, and J.D. Vance agree that U.S. Steel needs to be controlled from Washington. They are all wrong.
If higher tariffs were the solution to anything, wouldn't there be evidence of that by now?
Vance's latest gambit is pretty nonsensical, intellectually embarrassing, and obviously self-serving. But that doesn't mean that it's not dangerous too.
Economic nationalists are claiming the deal endangers "national security" to convince Americans that a good deal for investors, employees, and the U.S. economy will somehow make America less secure. That's nonsense.
Both companies consented to the deal. Why should they have to get permission from the president to do business?
The debate is over. Trump's steel tariffs failed.
Companies based outside the United States employ 7.9 million Americans. Foreign investment isn't something to be feared or blocked, but welcomed.
There's no good reason for the government to block Americans' access to cheaper tin cans.
The senator used to know why the U.S. Steel/Nippon deal is nothing to fear.
Season 1, Episode 6 Podcasts
"There's nobody that says, wait, is this good for America? Is this good for the American consumer?"
Biden's top trade adviser says tariffs must be "strategic," but what strategic value do tariffs on South Korean steel serve?
The department has granted just 1 percent of the tariff exemption requests that were challenged by domestic steel producers.
Trump, big labor, and America's reputation as a trading partner emerge as winners, but free trade takes the loss in the USMCA.
A Michigan steel plant annnounced it's closing at the end of the year, while U.S. Steel stocks are down 75 percent since Trump's tariffs were announced.
Trump's steel protectionism seems to have failed. Again.
The biggest American steelmaker says there has been reduced demand for their products in recent months, probably because they raised prices after Trump slapped tariffs on foreign steel.
