When foreign producers sell products in the U.S. at prices deemed inappropriately low, they undermine competition and disrupt the market. This practice can make it challenging or unfeasible for American companies to remain competitive, highlighting the need for fair pricing to ensure a level playing field.
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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