WSJ Opinion: Potomac Watch

Why Shouldn't a Japanese Company Buy U.S. Steel?

12.27.2023 - By Paul Gigot, The Wall Street JournalPlay

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The White House demands close scrutiny of a $14 billion acquisition by Japan's Nippon Steel, but is this merely political and union posturing? After all, Japan is a close ally, and the Pentagon only uses a fraction of annual U.S. steel production. Plus, the latest Census numbers show more Americans fleeing blue states, which could shake up the House after the 2030 census.

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