November 26, 2024
Trump’s Treasury and Commerce nominations + Nippon Steel’s bid for U.S. Steel
Emily and Geoff react to the nominations of Scott Bessent for U.S. Treasury Secretary and Howard Lutnick for U.S. Commerce Secretary and overall point man for trade and tariffs. Then Evan Robinson-Johnson, business reporter from the Pittsburgh Post Gazette, joins to talk about the national security review of Nippon Steel’s bid to buy U.S. Steel - which both President Biden and President-elect Trump have vowed to block. Complicated labor union dynamics, the companies’ threat to sue, and election-year politics have kept this deal in purgatory, but an impending government deadline could force action in the coming weeks.
“Editorial: Time for post-election sanity: Approve Nippon-U.S. Steel deal” by the Pittsburgh Post Gazette editorial board
“Japanese steelmaker Nippon says it will not accept presidential block of U.S. Steel deal” by Evan Robinson-Johnson, Pittsburgh Post Gazette
“Arbitration board signals support for U.S. Steel’s sale to Nippon in a blow to United Steelworkers union” by Evan Robinson-Johnson, Pittsburgh Post Gazette
"US Steel Review Targeted by Republicans for Potential Probe" by Josh Wingrove, Bloomberg
“Under Pressure, Dubai Company Drops Ports Deal” by David E. Sanger, The New York Times
Ralls V. CFIUS decision by U.S. Court of Appeals, District of Columbia Circuit
More from CNAS
-
The Long Tail of the Hormuz Energy Crisis with Rachel Ziemba
Podcast
Emily is joined by Rachel Ziemba, CNAS adjunct senior fellow and energy markets expert, to unpack the ongoing energy crisis resulting from the U.S.-Iran military conflict and ...
By Emily Kilcrease & Rachel Ziemba
-
India First Debate: Daniel Silverberg and Sandeep Unnithan on U.S. Rescue Op and Iran Air Defence
Video
In this episode of India Today, anchor Gaurav Sawant discusses a high-stakes US special forces mission deep inside Iran. Joined by Daniel Silverberg, Managing Director of Caps...
By Daniel Silverberg
-
Hit It with Your Best Shot
Reports
Executive Summary America needs an economic pressure doctrine. The country is using economic pressure in more novel ways and at greater scale than any other time in the postwa...
By Emily Kilcrease
-
CNAS Insights | A Year After Liberation Day, Can Trump’s Trade Wars Be Salvaged?
Commentary
As the trade wars have played out over the last year, the Trump administration has fumbled its opportunity....
By Emily Kilcrease & Geoffrey Gertz
