Trump pledges to end pollution rule, block steel merger

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Trump pledges to end pollution rule, block steel merger

YORK, Pennsylvania -Republican presidential candidate Donald Trump pledged on Monday to rescind a Biden administration rule limiting power plant pollution and reiterated a promise to block Nippon Steel's planned purchase of U.S. Steel.

The former president spoke to a crowd of supporters on a factory floor in the working-class city of York, Pennsylvania. The speech was the first stop in a tour of battleground states this week aimed at steering the spotlight away from the Democratic National Convention in Chicago and slowing the momentum of Vice President Kamala Harris, Trump's rival.

Trump in February had signaled he would move to block the Nippon-U.S. Steel deal, a potential merger that has stirred anxiety among some unionized workers, a key voting bloc in Pennsylvania and the other"Rust Belt" swing states likely to determine the results of the election. "It's a disaster for our country," Trump said."Instead of shutting down power plants, we will open dozens and dozens more, and they'll happen fast."

In a brief interview with Reuters following the event, Trump said he would consider rescinding a $7,500 tax credit for electric vehicle purchases. He also said he would bring Elon Musk into his administration if the billionaire was willing. Musk, the CEO of EV manufacturer Tesla (NASDAQ:Pennsylvania has emerged as one of the most important states in the presidential election, with Harris and Trump effectively neck-and-neck, according to most opinion polls.

 

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