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Search resuls for: "American steelworkers"


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☆ US Steel’s future as an American company is about to come to a vote. It may not matter
  + stars: | 2024-04-12 | by ( Chris Isidore | ) edition.cnn.com   time to read: +10 min
“It is important that we maintain strong American steel companies powered by American steelworkers,” he said. “US Steel has been an iconic American steel company for more than a century, and it is vital for it to remain an American steel company that is domestically owned and operated.”Experts said opposition from Biden and other politicians — both Republican and Democrats — make it unlikely the deal will win approval. “Six weeks ago, the United States gave Mitsui, a Japanese company, a $20 billion deal to build a crane factory here in the United States and replace all our port cranes throughout the United States. “If the administration has concerns about the Nippon Steel deal, it must seriously consider alternative outcomes. US Steel products, supported by significant capital investments from Nippon Steel, will remain mined, melted and made in America,” the company said.
Persons: Joe Biden’s, Biden, ”, —, “ It’s, Michael Leiter, Skadden, “, Kishida Fumio, ‘, ’, It’s, JD Vance, Phil Gibbs, KeyBank, Gibbs, it’s, Jeff Roberson, Nucor, hasn’t, ” “ Organizations: New, New York CNN, US Steel, Japan’s Nippon Steel, Justice Department, Foreign Investment, Treasury, Commerce, Defense, State, Homeland Security, American steelworkers, Steel, ”, Republican, Democrats —, Japanese, United States, Mitsui, United Steelworkers, steelworkers, Ohio, Nippon, Cleveland Cliffs, Nippon Steel, Cleveland, US Steel Granite City Works, AP, US Locations: New York, United States, Japan, American, Slate, United, Cleveland, US Steel Granite City, Arkansas, America
☆ Biden to host Japan PM Kishida, Philippines President Marcos for White House summit
  + stars: | 2024-03-19 | by ( ) www.cnbc.com   time to read: +3 min
President Joe Biden will host Japanese Prime Minister Fumio Kishida and Philippines President Ferdinand Marcos Jr. for a White House summit next month amid growing concerns about North Korea's nuclear program, provocative Chinese action in the South China Sea and differences over a Japanese company's plan to buy an iconic American steel company. Eugene Hoshiko | AFP | Getty ImagesPresident Joe Biden will host Japanese Prime Minister Fumio Kishida and Philippines President Ferdinand Marcos Jr. for a White House summit next month amid growing concerns about North Korea's nuclear program, provocative Chinese action in the South China Sea and differences over a Japanese company's plan to buy an iconic American steel company. The announcement came as North Korea's state media reported that North Korean leader Kim Jong Un supervised a live-fire drill of nuclear-capable "super-large" multiple rocket launchers designed to target South Korea's capital. Biden argued in announcing his opposition that the U.S. needs to "maintain strong American steel companies powered by American steelworkers." Meanwhile, long-running Philippines-Chinese tensions have come back into focus this month after Chinese and Philippine coast guard vessels collided in the disputed South China Sea.
Persons: Joe Biden, Fumio Kishida, Ferdinand Marcos Jr, Eugene Hoshiko, Karine Jean, Pierre, Kim Jong Un, Biden, Thomas Shoal, Thomas Organizations: AFP, Getty, White, Steel, Nippon Steel of, American steelworkers, " Nippon Steel, BRP, BRP Sierra Madre Locations: Philippines, South, American, Japan, North, Korea, U.S, Pittsburgh, Nippon Steel of Japan, Philippine, China, BRP Sierra, Thomas Shoal, Sierra
☆ USW President David McCall on Nippon-U.S. Steel deal: Doesn't work for us in any meaning
  + stars: | 2024-03-18 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUSW President David McCall on Nippon-U.S. Steel deal: Doesn't work for us in any meaningDavid McCall, United Steelworkers Union international president, joins 'Squawk Box' to discuss Nippon Steel's acquisition of U.S. Steel, the potential impact on American steelworkers, and more.
Persons: David McCall Organizations: Nippon, U.S . Steel, United Steelworkers Union, American steelworkers
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