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ted (not lasso)
@ted
feels like the right channel to ask for an ELI5 of Biden blocking the purchase of U.S. Steel
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Christian Montoya 🦊
@m0nt0y4
US Steel is very inefficient. This investment from Japan might have helped improve it, but the union was opposed to it. Without it, they might be in trouble. Biden didn’t want to be perceived as betraying union workers, so he blocked the deal. Not great. Trump would probably have done the same thing.
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