Chips, Tech, and Steel
How to get “American” corporations to act in America’s interest?
Friends,
Tokyo-based Nippon Steel Corporation’s new CEO says he’s pressing on with its $14.1 billion acquisition of United States Steel Corporation.
But President Biden thinks U.S. Steel should be “domestically owned and operated.” Why? Presumably because it’s important to national security that America has its own supply of steel on American soil.
The s…
