Biden, Harris, Trump Oppose U.S. Steel Sale

Vice President Kamala Harris, during a Labor Day campaign event in Pittsburgh alongside President Joe Biden, reiterated her opposition to Nippon Steel's $14.9 billion acquisition of U.S. Steel, emphasizing the need for the company to remain American-owned and operated. This stance aligns with President Biden's long-held opposition to the deal, which he believes would be detrimental to American steelworkers. Harris and Biden's opposition highlights a rare bipartisan agreement, as former President Donald Trump has also opposed the sale. The deal has received regulatory approvals outside the U.S., but faces significant political and union resistance domestically. The acquisition is positioned as a major policy stance for Harris, who is working to solidify her support among blue-collar workers in a critical swing state ahead of the November election.