This chapter analyzes the Biden administration's economic strategies, including the proposed sale of U.S. Steel, and how these reflect a push for domestic job creation and foreign investment. It contrasts Biden's approach with that of previous administrations and discusses the implications of economic nationalism on global trade as the election looms.
Once the world's largest corporation, the now-struggling US Steel wants to sell itself to Japan's Nippon Steel. The United Steelworkers oppose the deal, and President Biden is backing the union. The Washington Post's David Lynch explains how the steel giant's future became an election-year issue.
This episode was produced by Peter Balonon-Rosen, edited by Matt Collette, fact-checked by Laura Bullard, engineered by Andrea Kristinsdottir and Rob Byers, and hosted by Noel King.
Transcript at vox.com/today-explained-podcast
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