Kamala Harris defends position of blocking Nippon's purchase of U.S. Steel
Source: CBS News
Updated on: October 2, 2024 / 9:57 AM EDT
PITTSBURGH (KDKA) 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. company, and that the people working there need to be American workers," Harris said on Tuesday. "I think that is also why I'm proud and I do have the support of the steelworkers union." U.S. Steel said last month that if the sale does not happen, it may have to move its headquarters from Pittsburgh and thousands of union jobs could be at risk. 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. "Will it come from the federal government to make sure these furnaces stay open and the jobs are kept in Pittsburgh?"
"It is my priority to keep the jobs in Pittsburgh, understanding again that the folks who are doing that work are doing hard work, good work. It is part of not only a tradition of American industry to do that work but it is part of what we need to invest in the future."
Read more: https://www.cbsnews.com/news/kamala-harris-us-steel-nippon-deal/
This was yet another "interview" from the purported-by-the-media "won't-do-interviews" candidate. Surprise, surprise, surprise.
disappearingboy
(87 posts)Lather, rinse, repeat.
Bev54
(11,917 posts)seriously? He just backed out of an interview that was scheduled for Thursday with 60 minutes (His spox said it was not scheduled yet but it was) because he is afraid of a real interview. I don't hear the legacy media calling on him, so sick of this BS.
disappearingboy
(87 posts)The same media that keeps on hectoring Vice President Harris about "not talking enough about the issues" and "not sitting down for interviews"? I guess this is their way of clinging to relevance.
maxsolomon
(35,036 posts)The Feds will bail US Steel out if it comes to that. We need our own Steel Industry - its a national security issue.
Grins
(7,883 posts)U.S. Steel isnt going anywhere.
Not going to pick it up and move it to Hokkaido.
No rank and file workers will lose their jobs (that they would if Nippon didnt make the buy.)
Management will include some Japanese nationals, but thats it.
Management not retained will get a sweet, sweet goodbye package.
The Japanese are putting BILLIONS of dollars into the former company, and by extension the Pittsburgh community; BILLIONS that Wall Street would NOT.
And neither would the government, nor should they.
Back in the 90s the Japanese made a similar buy and bought 30 Rockefeller Center in NY.
And America went berserk!!!
Front page everywhere and on every news show!
Its still there, Christmas trees every year!
And owned by Americans.
They also bought almost every hotel on Waikiki. Today they dont own one of them