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Nippon Steel rebuffs Trump criticism over U.S. Steel deal

32 Comments

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Once Trump realizes that Nippon Steel will revitalise and modernise the almost dead US Steel industry, providing jobs and export dollars, he will change his tune.

3 ( +13 / -10 )

This is the cause Trump built his political career on, so I understand the sentiment, but Id love to know what the alternative is for US steel.

11 ( +15 / -4 )

Trump is a danger to the whole world, not just America.

13 ( +24 / -11 )

It’s only ok if Trump does it. Everyone else is naughty.

14 ( +17 / -3 )

What, what? haha Trump's second term is going to be maximum gringe inducing.

We saved the steel industry.

4 ( +10 / -6 )

It's not clear if (Trump) fully understands the content of the deal

If (relevant authorities) look at the details of the deal

Sorry, I don't think details are something Trump understands or bothers reading. And then again Trump doesn't bother with things like the truth or other people's livelihoods. If only they could condense it down to short sentences and send it to him by SMS all capatalized - like this THIS DEAL WILL MAKE AMERICA A LOT OF MONEY. A LOT OF MONEY!!! IT'S SO GREAT. GONNA MAKE A LOT OF MONEY!

14 ( +17 / -3 )

Trump and the US steelworkers are probably right. Notice how the Biden administration has maintained most of his tariffs while the US economy--and jobs and incomes in particular --rocketed upward? Trump was also right about China, back when the neo-libs exhorted us to embrace the protectionists communist dictatorship.

What’s more, poison-pill Japan would never EVER allow foreigners to take over Nippon Steel.

-11 ( +6 / -17 )

Business executives like in a world of spreadsheets and ROI. Real world entails these minor things called like politics, national security, public sentiment, etc.

Merger issue helps Trump, Biden will have to kill it ASAP, especially as Biden is fighting to retain Union support.

Biden's bleeding Union support due to inflation, high prices, green legislation promoting investment in non-union factories, uncontrolled borders & undocumented low wage labor all damaging union members & Biden's support.

-10 ( +3 / -13 )

Trump is a gas bag. 99% of what he says is likely to be hot air.

4 ( +13 / -9 )

Sounds to me like Trump, Biden, and the US steelworkers all know something that Nippon Steel's "dialogue" doesn't so far.

-5 ( +3 / -8 )

He will save the steel industry like he saved the coal industry.

Hmmmm, black lungs. Nice!

7 ( +10 / -3 )

Merger seems designed to damage Biden's re-election chances. Campaign rocket fuel for Mr. Trump, GREAT talking point of Biden's special interest globalist elites selling out the US!

Seems Tokyo business elite want Trump back in 1600!

-8 ( +3 / -11 )

Nobody wants Trump back in office other than his MAGA cultists and Repub worshippers.

Without Nippon Steel, US Steel will be another business blown away by the far larger Chinese steel industry.

But Trump only acts on what's best for himself, not the country.

4 ( +10 / -6 )

Voters will decide who's best for US like any other democracy. But MOST US voters DO NOT support this merger, clearly Trump's going to pick up additional voter support as a result of Merger, especially Union workers.

Biden has to kill this deal, badly trailing polls already, highly regarded NBC poll has him down 5pts this week.

-6 ( +4 / -10 )

Nobody wants Trump back in office other than his MAGA cultists and Repub worshippers.

Really? Look at the polls:

 

Poll: 20-point deficit on handling economy highlights Biden’s struggles against Trump

 

https://www.nbcnews.com/politics/2024-election/poll-biden-trump-economy-presidential-race-rcna136834

 

The poll also shows Trump holding a 16-point advantage over Biden

-9 ( +1 / -10 )

Trump's 77year track record could hardly be called anything but Rational & Hugely Successful. He's genius because he's built movement based upon empowering regular people, NOT elitest controlled Special Interests!

This merger, case in point, Trump's WHEELHOUSE!

-9 ( +1 / -10 )

Trump is a danger to the whole world, not just America

That might be a good thing, America first. Always.

-5 ( +3 / -8 )

This merger, case in point, Trump's WHEELHOUSE!

His "wheelhouse?" His gone bankrupt multiple times. He's also been caught commiting fraud multiple times. He's a terrible businessman.

2 ( +4 / -2 )

Trump is standing with America's steel workers and the manufacturing sector on his proven record of putting America First. Biden only wants to their vote before he sells them down to the river in a NAFTA-type robbery, which is what this is. The workers will get monstered like Fujitsu. Watch.

-8 ( +0 / -8 )

Trump is standing with America's steel workers and the manufacturing sector on his proven record of putting America First.

He employs bus loads of 'illegals' to build and run his businesses and all of his tacky tat is made in China.

Sounds like you've been mugged off again.

4 ( +6 / -2 )

Without Trump's America First stand, it doesn't take Nostradamus to see where this is headed for the rank and file. First, they bust the unions and rehire workers under shady contracts. Then with the waves of illegals arriving over Biden's unsecure border they will be replaced. Anyone or thing of value will get offshored. Complain and get thrown in jail Fujitsu-style. Japanese transnationals have an abysmal record on labor and the cat has got Biden's tongue on this issue.

-10 ( +0 / -10 )

Trump is a complete joke. Simply put.

7 ( +8 / -1 )

JJEToday 04:05 pm JST

First, they bust the unions and rehire workers under shady contracts.

Tell me you don't know anything about the US without telling me you don't know anything about the US.

7 ( +9 / -2 )

Trump in his 2016 campaign promised he would take care of the West Virginia miners and secure their jobs. It never happened. It never happened.

4 ( +9 / -5 )

The plan also met criticism from United Steelworkers, a major labor union that is trying to stop the deal out of concern over the steelmaker changing hands to a foreign company. The organization said earlier this month that President Joe Biden supports its efforts.

So Biden also supports the labor union efforts to stop the deal but only Trump is the bad evil guy for saying he would stop it. The team Biden cheerleaders get called out for double standards again.

Trump is a gas bag. 99% of what he says is likely to be hot air.

Takes one to know one comes to mind.

-2 ( +1 / -3 )

What’s more, poison-pill Japan would never EVER allow foreigners to take over Nippon Steel.

Thats for sure.

-2 ( +1 / -3 )

Serious political analysts and betting markets have Trump taking at least 50% of union vote in Nov, up from 28% in 2020. This merger 'talk' only fuels Trump's support.

-5 ( +1 / -6 )

Nippon Steel have made a big mistake here, like engaging in corporate megaphone diplomacy. And they are making an even bigger one which is underestimating Trump.

-3 ( +1 / -4 )

Nippon Steel have made a big mistake here, like engaging in corporate megaphone diplomacy. And they are making an even bigger one which is underestimating Trump.

As usual.

-4 ( +0 / -4 )

Japan is literally a permanent ally of the US, if not a vassal, the two countries can and should buy each other companies to instill new ideas and what not, both countries will benefit from it, either way the money stays in the "same economic zone", not off to China who pays their Russian friend and hackers to steal intel.

3 ( +3 / -0 )

Instead of selling U.S. steel how about investing in it and allow it's workers with the help of the union to owns a large share of it, Nippon Steel may be a good partner but limit their shares so U.S. ownership could remain.

Nothing wrong with Nippon steel buying some shares as long as it stays UNDER 40%, I recall when Renault purchased Nissan shares many Japanese felt very uncomfortable and we are seeing the same here as usual.

1 ( +1 / -0 )

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