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(144,224 posts) Wed Dec 4, 2024, 04:50 PM Dec 4

Steelworkers Feel 'Gut Punch' as Trump Plans to Block Takeover [View all]

Source: Newsweek

Published Dec 04, 2024 at 6:26 AM EST

Pennsylvania steelworkers are feeling a "gut punch" after President-elect Donald Trump said he would block the $14.9 billion sale of U.S. Steel to a Japanese company.

On Monday, Trump reiterated a campaign promise, pledging on Truth Social to block the deal. He wrote: "I am totally against the once great and powerful U.S. Steel being bought by a foreign company, in this case Nippon Steel of Japan.

"Through a series of Tax Incentives and Tariffs, we will make U.S. Steel Strong and Great Again, and it will happen FAST! As President, I will block this deal from happening. Buyer Beware!!!"

In the Pittsburgh area, where U.S. Steel employs about 3,500 people, the company's sale to Nippon has proved popular. Following Trump's statement, Jason Zugai, the vice president of the United Steelworkers Local 2227 branch in West Mifflin, southeast of Pittsburgh, said: "For me, yeah, very frustrated with the news that came out last night. I didn't expect that to come out, so that was like a gut punch."

Read more: https://www.newsweek.com/pennsylvania-steelworkers-donald-trump-plans-block-us-steel-nippon-merger-1995300

34 replies

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Highlight:

Steelworkers Feel 'Gut Punch' as Trump Plans to Block Takeover [View all] BumRushDaShow Dec 4 OP

Yeah, gonna hear that a lot: "I didn't expect that . . ." . . . Journeyman Dec 4 #1

"Ha ha, Suckers!" - G.O.P. Felon, Inc. BoRaGard Dec 4 #2

Trump is already stabbing his own voters in the back just weeks after the election. sop Dec 4 #3

I'm pretty sure that is their plan. FoxNewsSucks Dec 4 #16

Is anyone with more than 2 active brain cells surprised though? cstanleytech Dec 4 #20

Weird RobinA Dec 5 #31

Trumpanzees have two speeds: "He says what he means!", Aristus Dec 5 #32

Why a gut punch? Old Crank Dec 4 #4

Watch him nationalize it then put one of his billionaire cronies in charge. That's Fascism in it's purist form folks n/t Cheezoholic Dec 4 #5

plato told / him: he couldn't/ believe it(jesus Prairie Gates Dec 4 #6

Here they come, Jason. tanyev Dec 4 #7

Gut Punch? uncledad Dec 4 #8

Did they vote for Trump? paleotn Dec 4 #9

Get used to it. stollen Dec 4 #10

Pittsburgh steelworkers who supported Trump aren't happy that he's opposing the US Steel-Nippon deal. LetMyPeopleVote Dec 4 #11

What you don't hear is the reality that US Steel Deminpenn Dec 4 #12

Pittsburgher here - and yes that has been made clear FakeNoose Dec 5 #33

For the sake of these already struggling cities, towns, workers and the Deminpenn Dec 5 #34

The Fox News MAGA GQP: Because fuck you, that's why! Initech Dec 4 #13

Saw this with Reagan orangecrush Dec 4 #14

And how many of them VOTED for him? calimary Dec 4 #15

This is coming from a guy that sat in a meeting behind closed doors with a former Russian spy............. turbinetree Dec 4 #17

No one is talking about the unions Nigrum Cattus Dec 4 #18

you get what you pay for!!!!!!. AllaN01Bear Dec 4 #19

At least you were promised that egg prices will go down. LastLiberal in PalmSprings Dec 4 #21

Vote for a chaos agent Six117 Dec 4 #22

GOPers have a long history of union busting. Crowman2009 Dec 5 #23

I'll bet 70% of the white male members voted for the fat orange felon wolfie001 Dec 5 #24

Well, Jason, you are a dumb ass. Dear Leader TOLD you he was going to do this. travelingthrulife Dec 5 #25

FAFO JohnSJ Dec 5 #26

The chickens voted for colonel sanders Beachnutt Dec 5 #27

It seems like a waste of time and money trying to get the union workers votes. Their leaders tell them to vote Democrat 33taw Dec 5 #28

This is part of why voting for him was so yorkster Dec 5 #29

PATCO supported Reagan. Gore1FL Dec 5 #30