Some involved collapse of U.S. Steel deal will harm staff
President Biden is ready to dam the almost $15 billion acquisition of U.S. Steel by Japan’s Nippon Steel. Hundreds of U.S. Steel staff have rallied in Pittsburgh in help of the deal, and the CEO has warned if it collapses, the corporate could depart the town and take 1000’s of jobs with it. Mayor Chris Kelly of West Mifflin, Pennsylvania, joins to debate the potential penalties.
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