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Biden to triple taxes on Chinese steel and block Japanese takeover of US Steel
President touted plan during speech on Wednesday in Pennsylvania, where union support could prove crucial
Joe Biden announced plans to triple tariffs on Chinese steel and aluminum and promised to block the acquisition of US Steel by a Japanese company during a speech to steelworkers on Wednesday in the battleground state of Pennsylvania, where union support could prove crucial in the November general election.
Biden touted the plan during a visit to the United Steelworkers union headquarters in Pittsburgh, the heart of the American steel industry, where he said “the backbone of America has a steel spine” and promised to keep US Steel as a “totally American-owned, American-operated” company.
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Thyssenkrupp Offloads Stake in Steel Business
Thyssenkrupp has agreed to sell a 20% stake in its steel business to Czech billionaire Daniel Kretinsky’s EP Corporate Group for an undisclosed sum.The Wall Street Journal - World -
Thyssenkrupp Offloads Stake in Steel Business
Thyssenkrupp has agreed to sell a 20% stake in its steel business to Czech billionaire Daniel Kretinsky’s EP Corporate Group for an undisclosed sum, settling on a partial divestment after yearslong efforts to dispose of it.The Wall Street Journal - Business -
Thyssenkrupp Offloads Stake in Steel Business
Thyssenkrupp has agreed to sell a 20% stake in its steel business to Czech billionaire Daniel Kretinsky’s EP Corporate Group for an undisclosed sum, settling on a partial divestment after yearslong efforts to dispose of it.The Wall Street Journal - Business -
Biden promise to rival China on shipbuilding faces a big economic problem
President Biden wants to bring shipbuilding back to the U.S. in economic rivalry with China and to boost domestic steel. Economic reality isn't on his side.CNBC - Business - Joe Biden -
Carnegie Museum Exhibit Explores Pittsburgh’s Legacy of Steel
At the Carnegie Museum of Art, an installation by the artist Marie Watt celebrates the region’s industrial history with I-beams and glass.The New York Times - Business -
Unions vow to fight on as Tata Steel confirms plans to close blast furnaces
Decision will result in up to 2,800 job losses at Britain’s biggest producer of the commodityFinancial Times - World -
France steeled for epic Six Nations decider against dominant England
Hosts will need to overcome John Mitchell’s all-conquering England side who are targeting a sixth straight title. The last time England lost in the women’s Six Nations Theresa May was prime minister, Chelsea were defending Premier League champions ...The Guardian - World -
Thyssenkrupp agreed to sell a 20% stake in its steel business to Czech billionaire Daniel Kretinsky's EP for an undisclosed sum.
Thyssenkrupp agreed to sell a 20% stake in its steel business to Czech billionaire Daniel Kretinsky’s EP for an undisclosed sum.The Wall Street Journal - World -
Overrun Japanese town putting up eight-foot barrier to block tourist photos of Mount Fuji
Yahoo News - World -
Individual U.S. states, invoking grassroots Americandistrust of the Chinese Communist Party, are taking action to block Chinese land purchases, factory plans and research in their jurisdictions.
Individual U.S. states, invoking grassroots American distrust of the Chinese Communist Party, are taking action to block Chinese land purchases, factory plans and research in their jurisdictions.The Wall Street Journal - World
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