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July 14, 2024

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Senators, Steelworkers Raise Concerns Over Purchase of U.S. Steel
Posted On: Jul 09, 2024
July 9, 2024 | UNION JOBS | Senators and United Steelworkers (USW) leaders together raised concerns over proposed purchase of U.S. Steel as the deal rolls forward. U.S. senators Sherrod Brown (D-Ohio), Bob Casey Jr. (D-Penn.) and John Fetterman (D-Penn.) wrote a joint letter to U.S. Treasury Secretary Janet Yellen on June 27 warning that Nippon Steel’s record of dumping steel products in the U.S. presents a clear conflict with defending the U.S. steel industry, according to USW. “Nippon’s acquisition of U.S. Steel poses a grave threat to the international trade system that seeks to protect American manufacturers and workers from those who would unfairly dump steel into the American market,” the senators wrote. “Given the clear and present threats that a Nippon Steel acquisition poses to American workers and a critical industry, we believe executive action to block this deal is urgent.” Labor Tribune
 
 
Teamsters Local 355
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