Biden promises to keep US Steel a 'totally American company' amid review of Japanese takeover plan

President Joe Biden greeting steelworkers at United Steelworkers Headquarters, Wednesday, April 17, 2024, in Pittsburgh, Pa. (AP Photo/Alex Brandon)

PITTSBURGH (AP) — President Joe Biden is promising to block the acquisition of U.S. Steel by a Japan company, saying it “should remain a totally American company. American-owned, American operated.â€

In a speech at the Pittsburgh headquarters of the United Steelworkers, Biden pledged on Wednesday to keep the company in U.S. hands.

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