Biden vows to shield US steel industry by blocking Japanese merger and seeking new Chinese tariffs

News Snapshot:

PITTSBURGH — President Joe Biden suggested to cheering, unionized steelworkers on Wednesday that his administration would thwart 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 the battleground state of Pennsylvania. The Democratic president’s pitch comes as Donald Trump, his likely Republican opponent, tries to chart a path back to the White House with tough-on-China rhetoric and steep tariff proposals of his own. During a visit to the Pittsburgh headquarters of United Steelworkers, Biden said U.S. Steel “has...