return2ozma@lemmy.world to politics @lemmy.world · 2 years agoBiden believes Nippon purchase of U.S. Steel deserves "serious scrutiny"www.politico.comexternal-linkmessage-square14fedilinkarrow-up1148arrow-down12
arrow-up1146arrow-down1external-linkBiden believes Nippon purchase of U.S. Steel deserves "serious scrutiny"www.politico.comreturn2ozma@lemmy.world to politics @lemmy.world · 2 years agomessage-square14fedilink
minus-squareTransporter Room 3@startrek.websitelinkfedilinkarrow-up44arrow-down1·2 years 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-down1·2 years 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-down1·2 years agoYou are correct. But, when they say this, the deal is dead.
minus-squareGarbanzo@lemmy.worldlinkfedilinkEnglisharrow-up2arrow-down2·2 years 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?