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

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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.” In a speech at the Pittsburgh headquarters of the United Steelworkers, Biden pledged on Wednesday to keep the company in U.S. hands. Biden said last month that he opposed the merger, but went far further in his comment to the steelworkers. THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below. PITTSBURGH (AP) — President Joe Biden is calling for a tripling of tariffs on Chinese steel and aluminum...