Biden promises to keep US Steel a ‘totally American company’

News Snapshot:

PITTSBURGH — President Joe Biden promised cheering unionized steelworkers on Wednesday that his administration would block the acquisition of U.S. Steel by a Japanese company and he called for a tripling of tariffs on Chinese steel, seeking to use trade policy to win over working-class votes in Pennsylvania, an election-year battleground. Biden said during a visit to the headquarters of the United Steelworkers union that U.S. Steel “has been an iconic American company for more than a century and it should remain totally American.” “American-owned, American operated by American union steelworkers — the best in the world — and that’s...