Harris Defends Blocking Sale Of US Steel To Japanese Company

📆 02/10/2024 11:55 a. m.
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US Steel,Nippon Steel,Kamala Harris

Vice President Kamala Harris reiterated her stance that Pittsburgh-based U.S. Steel should remain domestically owned, despite warnings from the company about potential job losses if the sale to Nippon Steel fails.

PITTSBURGH — Amid warnings from U.S. Steel about significant consequences if its sale to Nippon Steel fails, Vice President Kamala Harris defended her position of blocking the sale to the Japanese company. In an interview with KDKA-TV on Tuesday, the vice president reiterated her stance that Pittsburgh-based U.S. Steel should remain domestically owned.'I feel very strongly that U.S. Steel needs to remain a U.S.

Without the sale going through, the company said it will 'largely pivot away' from its blast furnace facilities. 'If you block this foreign acquisition, how can you guarantee that there will be support?' KDKA-TV's Jon Delano asked Harris on Tuesday.

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