Exploring the potential buyout of a U.S. steel corporation by a Japanese company and contrasting viewpoints of Biden and Trump. Analysis includes implications for jobs, union satisfaction, antitrust issues, and political consequences in Pennsylvania.
A Japanese company’s bid to buy US Steel has sparked a fight with the United Steelworkers union — and put the company at the center of the 2024 presidential contest.
Today on the Big Take, Bloomberg reporters Joe Deaux and Josh Wingrove join host David Gura to trace why the deal came to a halt, how the company fits into Joe Biden and Donald Trump’s brands of political nostalgia, and why the fate of this deal could have an outsized impact on the election.
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