Donald Trump's stated intention to block the sale of U.S. Steel to the Japanese firm Nippon Steel Co. for $14.9 billion triggered howls of outrage, reported the Pittsburgh Tribune-Review — including from a number of steelworkers who backed Trump for president.“I am very frustrated with the news that...

Summary

Trump announced plans to block Nippon Steel’s $14.9 billion acquisition of U.S. Steel, drawing backlash from many steelworkers who previously supported him.

While some, including United Steelworkers president David McCall, oppose the deal over concerns about job security and unfulfilled promises, others fear blocking it could harm the struggling U.S. steel industry.

Trump’s stance has been criticized as a “gut punch” by union leaders like Jason Zugai, who had expected him to support the deal after the election.

Critics argue Trump has offered no alternative plan to invest in U.S. steel plants if the deal is blocked.

  • apocalypticat@lemmy.world
    128·
    20 days ago

    The collective amnesia / cognitive dissonance in regards to the grifter in chief’s first term is astonishing.

    • adarza@lemmy.caEnglish
      44·
      20 days ago

      … and the years leading up to it, and the four years since … shit has been ooozing out of both ends of that waste of humanity for a long time.

    • orbitz@lemmy.ca
      22·
      20 days ago

      Yeah like you couldn’t botch a worldwide pandemic worse than he did but enough Americans seemed to think he deserved another term. I only hope one of the other random viruses don’t get out of control again…cause that’s what stops them, hope right?

      • MajorHavoc@programming.dev
        8·
        20 days ago

        I know someone mourning the death of their younger brother to COVID who still voted for Trump.

        The dude literally helped kill their younger brother, through his “leadership”, but they don’t see it that way.

    • blazeknave@lemmy.world
      3·
      19 days ago

      You have that shit blaring at you with the screens bright fast ads, pumped full of high fructose, QVC is now … the entire internet… no education on disinformation, tired and worn down from overworking and penny pinching… what do we expect from people?