Biden says U.S. Steel should remain an American company-March 2024-www.financetom.com

Biden says U.S. Steel should remain an American company

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Biden says U.S. Steel should remain an American company

Apr 17, 2024 12:02 PM

WASHINGTON, April 17 (Reuters) - U.S. Steel should

stay a U.S.-owned company, President Joe Biden said on Wednesday

during remarks to steelworkers at an event in Pittsburgh.

U.S. Steel "should remain a totally American company," he

said. "And that's going to happen, I promise you."

U.S. Steel Corp has agreed to be bought by Japan's Nippon

Steel ( NISTF ) for $14.9 billion.

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