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
-
Trump Hits Russian Oil with ‘Tremendous Sanctions’
Video
We are now learning that President Donald Trump’s Treasury Department will sanction Russia’s two largest oil producers, Rosneft and Lukoil. According to Trump, this continues ...
By Edward Fishman
-
Tariffs Are a Weaker Weapon than Trump Thinks
Commentary
This article was originally published in Financial Times. This past summer, Donald Trump’s faith in tariffs appeared vindicated. He sealed lopsided trade deals with the EU, Ja...
By Edward Fishman
-
How to Escape China’s Rare-Earth Chokehold
Commentary
This article was originally published in The Wall Street Journal. Your editorial is right that countering China’s weaponization of rare-earth supply chains requires technologi...
By Liza Tobin
-
Video
Transatlantic Security / Energy, Economics & Security
Bloomberg Tech | Day 1 | Opening Night DebateGeoffrey Gertz, senior fellow, joined Bloomberg Tech's opening night debate and attempted to answer the question “Is Europe Too Late to Compete in the Chip War?” The U.S. and ...
By Geoffrey Gertz
