President Joe Biden came out in opposition to the sale of U.S. Steel to a foreign competitor as he left one Midwestern battleground state and headed to another.
“It is important that we maintain strong American steel companies powered by American steelworkers,” the president said. “I told our steelworkers I have their backs, and I meant it. U.S. Steel has been an iconic American steel company for more than a century, and it is vital for it to remain an American steel company that is domestically owned and operated.”
While the statement concerns the sale of a single company to Japanese firm Nippon Steel, a deal that is under review from the Committee on Foreign Investment, it sends the political signal of Biden’s commitment to American manufacturing, labor unions, and blue-collar workers.
The sale itself was ann …