Sale of US Steel to Japanese Firm Draws Growing Bipartisan Opposition

A growing number of Democratic and Republican lawmakers have come out against the $14.9 billion acquisition of 122-year-old United States Steel Corporation by Japan’s Nippon Steel Corporation (NSC). Sen. John Fetterman (D-Penn.) pledged to prevent the Japanese steelmaker from purchasing U.S. Steel, calling it “absolutely outrageous” because the material is about the country’s national and economic security.” “I’m gonna do everything I can to block it,” Mr. Fetterman said on X, previously known as Twitter. “It’s absolutely outrageous that U.S. Steel has agreed to sell themselves to a foreign company. Steel is always about security…