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McConnell: U. S. Steel Decision Is a Disservice to the Country

“(Biden’s) intervention against the acquisition of U. S. Steel by Japan’s Nippon Steel subordinates America’s economic and security interests to the politics of organized labor,”’ McConnell wrote. 

“Despite touting ‘friend-shoring’ as a pillar of his approach to trade and economic competition, Mr. Biden rejected a deal with an even more appealing outcome: on-shore American jobs, a multibillion-dollar investment in modernizing U. S. Steel’s facilities and a chance to make steel production in America more competitive with China.”

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