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The U.S. President Joe Biden is calling for a tripling of tariffs on steel from China to protect American producers from a flood of cheap imports, an announcement he planned to roll today [Macau time] in an address to steelworkers in the battleground
“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,” Biden said then.
At a rally last weekend in Pennsylvania, Trump tore into Biden over Nippon Steel’s efforts to buy U.S. Steel, ignoring the president’s objections to the merger.
“I would not let that deal go through,” Trump said. CHRIS MEGERIAN & WILL WEISSERT, SCRANTON (Pa.), MDT/AP
