Poll: Should US block the sale of US Steel to friendly ally Japan?

[Ronnie]

POLL QUESTION: Should the Committee on Foreign Investments in the United States (CFIUS) block the sale of US Steel to a friendly ally (Japan)?

Yes 74%
No. 26%

I voted Yes.

 

[Tall Timbers]

The USA has sold off way too much of its industrial capabilities.

 

[Andy C]

I know nothing about this. Is there a link with more information?

 

[Tall Timbers]

Japan's Nippon Steel to acquire U.S. Steel for $14.9 billion​

https://www.reuters.com/markets/deals/japans-nippon-steel-plans-acquire-us-steel-7-bln-nikkei-2023-12-18/

 

[Andy C]

Japan's Nippon Steel to acquire U.S. Steel for $14.9 billion​

https://www.reuters.com/markets/deals/japans-nippon-steel-plans-acquire-us-steel-7-bln-nikkei-2023-12-18/

Thanks. I dont really understand why this would be a bad deal selling to an allied country?

 

[Tall Timbers]

Thanks. I dont really understand why this would be a bad deal selling to an allied country?

I think it's wise for a country to have control of the manufacturing stuff that it would need to create its war materials.

 

[Andy C]

I think it's wise for a country to have control of the manufacturing stuff that it would need to create its war materials.

Thats a good point!

 

[Armor of Light]

Where is the voting booth?

 

[Ronnie]

Thanks. I dont really understand why this would be a bad deal selling to an allied country?

Jobs lost.

 

[Ronnie]

American universities train foreign nationals from countries that compete with us, we train them in nuclear science, ballistics, in oil drilling and in every competitive train.

We need to take China off our Favorite nation list, here at the nursing home our Bingo cards are from China, so is my grap-stick that therapy gave me. We have