Posts tagged National Security
Opinion: Mitch McConnell: Nippon Steel Isn’t the Enemy
January 10, 2025 // In Georgetown, Ky., hundreds of skilled workers build automotive parts at a facility owned by Nippon Steel. About 5 miles away, another Japanese firm, Toyota, employs nearly 10,000 people full-time at the company’s largest vehicle-manufacturing plant in the world. Toyota recently announced more than $2 billion in new investments to expand and modernize its facilities there. Japan likely wonders why the Biden administration considers a major investment in American jobs and manufacturing a national-security risk but not its purchase of cutting-edge American military technologies.
Opinion: How Biden betrayed union workers by giving them what they wanted
January 7, 2025 // This would hurt the blue-collar American workers whom Biden prioritizes, many of whom wanted the deal to go through. But what’s good for rank-and-file members and what ego-sensitive union leaders want are not always aligned. United Steelworkers leaders were apparently peeved that Nippon had not sought the union’s blessing before making a takeover bid, as other prospective buyers had. (Those other suitors, however, had not offered nearly as generous terms and, in at least one case, blocked U.S. Steel from conducting due diligence on the offer.)
Steelworkers Union Applauds as Biden Blocks Sale of US Steel to Japanese Giant
January 4, 2025 // The Committee on Foreign Investment in the United States, a federal committee that has the power to review certain transactions involving foreign investment in the United States to evaluate a deal's impact on national security, decided to forgo making a formal recommendation about whether the deal should be allowed to proceed last week. The proposal also became ensnared in election year politics, with both presidential candidates saying that U.S. Steel should remain a domestically-owned firm. Rust Belt lawmakers in both parties, including Sen. Bob Casey (D-Pa.) and Sen. Sherrod Brown (D-Ohio)—both of whom lost re-election in November—and Vice President-elect JD Vance, an Ohio Republican, expressed opposition to the deal.
Sale of U.S. Steel still in limbo, union accuses proposed buyer of ‘bribery’
December 13, 2024 // USW is urging President Biden to block the sale before the end of his term. On Tuesday, union leadership sent a letter to its members saying Nippon was resorting to bribery to get the deal across the finish line. Nippon announced it would give $5,000 to employees other than senior leadership if the deal is finalized.
Prolonged UAW strike will ‘collapse’ supply chains, Ford chair warns
October 18, 2023 // “This should not be Ford versusthe UAW,” Ford said. “This should be Ford and the UAW versus Toyota, Honda, Tesla, and all the Chinese companies that want to enter our home market. Toyota, Honda, Tesla and the others are loving this strike because they know the longer it goes on, the better it is for them. They will win and all of us will lose.” UAW President Shawn Fain disagreed with Ford’s framing. “It’s not the UAW and Ford against foreign automakers,” Ford said, in remarks published by Detroit News reporter Jordan Grzelewski. “It’s autoworkers everywhere against corporate greed.” Ford warned that an extended strike would challenge supply chains not only at the automaker, but throughout the economy.
Don’t Unionize the National Guard
March 2, 2022 // Imagine, for a horrifying moment, the spectacle of an enlisted service member hesitating at a crucial moment to carry out an order from his or her commander until it can be vetted by a union shop steward.