Former President Donald Trump on Wednesday said he would block U.S. Steel’s planned sale to a Japanese company, the first time the GOP presidential candidate has weighed in on the controversial acquisition announced late last year.
“I would block it instantaneously. Absolutely,” Trump said after a meeting with the president of the Teamsters labor union, which represents workers in the transportation industry. “We saved the steel industry. Now, U.S. Steel is being bought by Japan. So terrible.”
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