Japan sacrifices it's own semiconductor industry for America and now gets stiffed on its US steel deal. China and Russia must be laughing.
Biden's opposition to U.S. Steel takeover could test ties with key ally Japan
"The deal’s failure would be an “epic own goal” that could inadvertently help China — which accounts for more than half of the world’s steel production — maintain its dominance of the global market, said Jeff Kingston, a professor of history and Asian studies at Temple University Japan."
Biden's opposition to U.S. Steel takeover could test ties with key ally Japan
"The deal’s failure would be an “epic own goal” that could inadvertently help China — which accounts for more than half of the world’s steel production — maintain its dominance of the global market, said Jeff Kingston, a professor of history and Asian studies at Temple University Japan."
Last edited: