Biden voices opposition to Nippon Steel's takeover of U.S. Steel

U.S. President Joe Biden said Thursday that United States Steel Corp. should be domestically owned, coming out against Nippon Steel Corp.'s plan to acquire the company as support from labor unions is becoming more significant for his reelection bid."It is important that we maintain strong American steel companies powered by American steel workers. I told our steel workers I have their backs, and I meant it," Biden said in a statement.Such comments ahead of the November presidential election will almost certainly turn the Japanese company's plan to buy the U.S. producer for over $14 billion …READ FULL ARTICLE