Democratic senators: U.S. Steel sale a ‘threat’ to trade enforcement

Three Democratic senators from Ohio and Pennsylvania are pushing the Biden administration to take executive action to block Nippon Steel’s proposed acquisition of U.S. Steel, arguing it would impede domestic trade enforcement efforts and pose a threat to U.S. workers. The potential deal has been the subject of concern among some U.S. lawmakers as well as unions, while President Biden has said he would like to see U.S. Steel remain “domestically owned.” In a June 24 letter to U.S. Trade...