Modern presidents have few opportunities for signature achievements to cement their legacies. But in the first 100 days of his second term, President Donald Trump has the opportunity to make one of the most important economic decisions of the decade by approving Nippon Steel’s purchase of U.S. Steel.
America’s steel industry directly employs over 140,000 Americans and is used in so many products that it impacts over 2 million jobs in manufacturing, construction, and small businesses alike. Concerns about outsourcing a critical industry should not be taken lightly, and it’s no surprise that Trump expressed serious reservations on the campaign trail of a Japan-based buyer acquiring such an iconic and crucial U.S. company.
At the same time, one of Trump’s prime solutions—tariffs—could cause even more pain for small businesses and consumers. I’m a…
