U.S. Steel slammed President Joe Biden in a statement on Friday for blocking the sale of the company to Japanese manufacturing giant Nippon Steel.
“President Biden’s action today is shameful and corrupt,” said U.S. Steel President and CEO David Burritt. “He gave a political payback to a union boss out of touch with his members while harming our company’s future, our workers, and our national security.”
Burritt said that Biden “insulted Japan, a vital economic and national security ally, and put American competitiveness at risk.”
Burritt said that Biden refused to meet with the company to “learn the facts.”
“The Chinese Communist Party leaders in Beijing are dancing in the streets,” Burritt said. “We needed a President who knows how to get the best deal for America and work hard to make it happen. Make no mistake: this investment is what guarantees a great future…
