In August 2023, US Steel announced it had received multiple offers to buy the company and that it would weigh the offers. But as a unionized steelmaker, Cleveland-Cliffs had the support of the USW in its bid. Last summer, US Steel announced that without the investment in its older, union-represented mills promised by Nippon Steel as part of the deal, it might be forced to close the mills. The opposition to Nippon Steel buying US Steel has been bipartisan, with Vice President-elect JD Vance an early opponent of the deal. President-elect Donald Trump has also vowed to block the deal if it was still alive once he takes office later this month.

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Persons: Joe Biden, ”, Biden, ” Biden, “, Lourenco Goncalves, steelmaker, Dave McCall, JD Vance, Donald Trump Organizations: New, New York CNN, US Steel, Nippon, …, United Steelworkers, House, Steel, Cliffs, Nippon Steel Locations: New York, steelmaker Cleveland, Cleveland, American