Nipped
md5: c2108b2559611bfc10e77fe287dd837d
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Can we admit this was always a nothingburger and if it wasn't named "U.S. Steel" this deal would've been approved ages ago?
If it was named "Clifford Steel" or "Bower Steel," literally no one would give even a single fuck. Having the name "U.S. Steel" didn't make it any more American, it was just a fucking brand.
https://www.reuters.com/business/us-steel-shares-slip-nippon-steel-faces-trumps-hurdle-over-control-2025-06-13/
>>507308412 (OP)But has it been folded a thousand times?
>>507308412 (OP)Domestic steel production is one of the key indicators of economic development. You can't do anything without steel. The US is just letting the Japs run it and make some profits because the union retards who had control before drove it into the ground.
>>507308511Japanese ownership doesn't mean all the steel mills would relocate to Japan. All production by US Steel would still be domestic.
>>507308511>The US is just letting the Japs run itThere were some concessions to make the deal easier to swallow but it's a sale and the Japs own it now (they wouldn't agree to run it otherwise). But op is right, it's a nothingburger.
>>507308919They said the same thing when Tata steel (Indian megacorp) bought british steels works.... now they have shut them all down.
It's about removing competition anon. Kind of how like the Chinese sell TV, Phones and now cars at a loss to gain market share to later charge higher prices after all the other companies go bust.
It's the long game.
>>507308412 (OP)>Having the name "U.S. Steel" didn't make it any more American, it was just a fucking brand.WE OWN THE UNITED STATES NOW! SUCK MY BALLLLLSSSSS! 6 MILLION PEARLHARBORS!
No "X" ticker for Elon after that spat.
Deal on hold through multiple admins, approved immediately after one personal tiff.
The US dollar's trajectory down really is the anchor for any US steel company. Indexes up, dollar down, more war. It's a tried and true playbook.
>>507309456Japan is one of the most overworked countries in the world. They literally can't bring the factories there because there's no one to work them. They will simply collect profit from continued US operations.
>>507309463Is autism generally just baked into your culture, or....?
No one cares about this. We're doing war for the Jews now.
>>507308511>>507308919>>507308919>Dude it's totally cool when foreigners buy up your land and businesses, buck break unions, lay off workers, pay lower wages and less benefits all the while stealing profit to send back to their country.I hate you corporate boot licking liberal pieces of shit so much you wouldn't believe.
>>507315097>foreigners buy up your land and businesses, buck break unions>US flagHey bro? Did you know your own people sent all the jobs to China in the 1970s? Hopefully this isn't big news to you.
>>507308412 (OP)Make me a favor and buy Nipon Steel if it is not the big deal nigger
I recall a few months ago there was a public press conference between trump and ishiba and they both agreed that the purchase would instead be investment? Did they just decide to fuck that?
>>507308506Jap pussy folded over a thousand times