Republican presidential candidate Donald Trump on Monday will reiterate he would block Nippon Steel's planned purchase of U.S. Steel and move to rescind...
Trump to reiterate he will stop US Steel sale to Nippon YORK , Pennsylvania - Republican presidential candidate Donald Trump on Monday will reiterate he would block Nippon Steel 's planned purchase of U.S. Steel and move to rescind Biden administration power plant pollution rules.
Shares in U.S. Steel had been lower and fell after Trump's planned remarks were reported and were recently trading down 3.5%. President Joe Biden in March said it is vital for U.S. Steel "to remain an American steel company that is domestically owned and operated." Trump will call the rule part of an "anti-American energy crusade" that he would seek to repeal and "instead of shutting down power plants, we will open dozens more." He also vowed to prevent a transition to more electric vehicles that the Biden administration has championed.
Trump also vowed to revoke China's most favored nation trade status and seek legislation to make China or other countries pay reciprocal tariffs if they imposed new tariffs. He also said he would invoke the Defense Production Act to "quickly ramp up capacity of essential products."During Monday's episode of the Pod Meets World podcast with co-hosts and former co-stars Rider Strong and Will Friedle, the 43-year-old actress revealed that she had been diagnosed with breast cancer.
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