NIPPON OWNERSHIP OF U.S. STEEL PUTS AMERICAN NATIONAL SECURITY AT RISK.
THE U.S. MUST PRODUCE STEEL TO KEEP OUR COUNTRY SAFE
The domestic steel industry has served as the foundation for American defense and security for generations. According to the U.S. Department of Commerce, a strong domestic steel industry is essential for every sector of critical infrastructure in the United States, including transportation, water systems, nuclear reactors and food production sites.
The U.S. military relies on domestically produced steel to build weapons and weapons systems that protect our interests at home and abroad.
“As Nippon Steel is attempting to take over U.S. Steel — a key American asset — it’s important to remember we need not look very far to find other examples of mergers and offshoring devastating industries important for the military and civilian economy.
“The very least a responsible policymaker should do is thoroughly kick the tires on a deal with a company that has a record of problematic business and contract dealings to ensure workers and communities don’t ultimately pay the price.”
— Todd Tucker, Director of Industrial Trade and Policy, The Roosevelt Institute
Nippon’s proposed acquisition of U.S. Steel would create national security risks to the U.S. strategic iron ore supply, as well as to the diversity and resilience of domestic steel production capacity.
Americans cannot afford to put our national or economic security at risk.
That’s why both Democratic and Republican leaders as well as national security experts and union workers all oppose Nippon’s acquisition of U.S. Steel.
“U.S. Steel executives are only in this deal to enrich themselves. It’s clear from their actions they don’t care about our jobs, and by turning over key parts of our domestic steel industry to Nippon, the proposed transaction puts our national security on the line.
“Thank you to all of our country’s leaders who are standing up for the American people and opposing this dangerous deal.”
— Don Furko, Local 1557, United Steelworkers
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