“Joe Biden” will block the deal? It would be nice to be able to say who made that decision, but I’m sure it wasn’t Joe. So I wonder if Kamala could articulate the reasoning behind the decision. No, I don’t wonder. She could not string together 3 sentences about it without repeating herself. Someone needs to step up and explain to us rubes.
It’s the usual anti-foreigner argument used across the political spectrum. I remember when the Japanese bought Pebble Beach and Rockefeller Center and people cried bloody murder as if the Japanese would crate and ship them back to the Land of the Rising Sun.
Nippon would provide welcome capital to Steel. As it is, the only other possible bidder, Cleveland Cliffs, has pissed away billions in share buybacks and in the acquisition of the Canadian Stelco, so they now have too much debt to make a run.