Donald Trump's stated intention to block the sale of U.S. Steel to the Japanese firm Nippon Steel Co. for $14.9 billion triggered howls of outrage, reported the Pittsburgh Tribune-Review — including from a number of steelworkers who backed Trump for president.“I am very frustrated with the news that...

Summary

Trump announced plans to block Nippon Steel’s $14.9 billion acquisition of U.S. Steel, drawing backlash from many steelworkers who previously supported him.

While some, including United Steelworkers president David McCall, oppose the deal over concerns about job security and unfulfilled promises, others fear blocking it could harm the struggling U.S. steel industry.

Trump’s stance has been criticized as a “gut punch” by union leaders like Jason Zugai, who had expected him to support the deal after the election.

Critics argue Trump has offered no alternative plan to invest in U.S. steel plants if the deal is blocked.

  • @Treczoks
    12•1 month ago

    Hopefully that gut punch was hard enough to be remembered at the next election.

    • @ProIsh
      17•1 month ago

      Spoiler: ah nevermind. We all know

        • @[email protected]
          2•1 month ago

          Yep. And while I’m personally convinced the US was actually doing fine on “who counts the votes”, the “who gets to vote” part has been rigged for quite a long time. Arguably from the very beginning.

      • @Treczoks
        1•1 month ago

        Germany got them, too, after the war.