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US-Japan tiff over steel is survivable
The Nippon Steel case is not a pivot point in bilateral ties, but the 2024 presidential election potentially is.
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US Steel workers rallying in support of the takeover by Japan’s Nippon Steel, in Pittsburgh, Pennsylvania, on Sept 4.
PHOTO: AFP
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In the heat of the campaign season for one of the tightest and most consequential elections in US history, US President Joe Biden as well as presidential candidates Donald Trump and Kamala Harris appear to be disrespecting close US ally Japan by voicing opposition to a Japanese corporation’s proposed purchase of struggling American steel maker US Steel.
Nippon Steel agreed to buy US Steel in December 2023
