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.

    • Sabin10@lemmy.world
      492·
      20 days ago

      People in unions love voting conservative. They generally have the political acumen of a sea sponge and are easy to manipulate. When they lose their union, their benefits and have their income cut in half it will be Bidens fault for not putting more protections in place when he had the power to do so.

      • Triasha@lemmy.world
        22·
        20 days ago

        So they are getting what they asked for. I don’t know why they would want to destroy their own jobs and opportunities, but here we are.