top of page
Search

Conservatives Urge President Trump to Save US Steel


Top conservative groups this week sent a letter to President Trump urging him to save US Steel by allowing the acquisition of the company by Nippon Steel to proceed. A copy of the letter is here. The text of the letter is below: We respectfully ask you to reconsider the corrupt and flawed decision of your predecessor, President Joe Biden, to reject the purchase of US Steel by Nippon Steel. We present the following reasons:


President Biden failed US Steel and its workers. It’s clear from the strong, bipartisan reaction that President Biden’s rejection of the US Steel sale was a corrupt act of deep state political collusion, done against the best advice and counsel he had. His actions have left US Steel and its 22,000 employees in peril. The future of US Steel itself is now in doubt, as well as investments in other critical industries being at risk.


The US Steel sale is supported by the workers of US Steel. The union locals which represent US Steel workers support the deal. A delegation of them have met with you to express their support personally. While proud members of the United Steelworkers union, they adamantly disagree with the union’s international president, David McCall (who endorsed President Biden, then Vice-president Kamala Harris). The sale is also supported by the local Democrat mayors where many of these workers live. The rank and file union members on the ground broke with their union bosses and helped ensure your victory in 2024.


China is the biggest beneficiary of US Steel’s sale failing. A company that combines the capital and know-how of Nippon Steel with the workers and physical plant capacity of US Steel possesses the ability to take on Chinese steel (controlled by the Chinese communist party) anywhere in the world. A stronger US Steel is a key soft power asset against China.


America needs more foreign direct investment. Thanks to your first term policies of deregulation and pro-growth tax relief, America finds itself the target of capital investment from around the world. Instead of outsourcing jobs, we are insourcing them. Nippon Steel’s purchase of US Steel is a fruit of this success. A company which has excess capital (Nippon Steel) wants to pour billions of dollars into the Mon Valley of Western Pennsylvania, where the immobile physical plant and experienced workers they need live. This is not a problem for the United States, but a success story directly tied to your administration’s efforts to cut regulations and reform the tax code. We plan to help you build on that success in your second term.


Further, spurred by the Tax Cuts and Jobs Act extension, there are billions more ready to invest in a Trump economy. If Biden’s corrupt decision is allowed to stand, some of these investments are at risk by the uncertainty his dishonest investigation created.


The US Steel sale needs a president who can negotiate better than President Biden did. Time and again, President Biden resisted requests to meet with both US Steel and Nippon Steel. Had he done so, he would have found parties very willing to make contractual assurances as they relate to the Defense Production Act, worker protections, and domestic steel output. The failure to negotiate a better deal can be rectified by a president who is willing to talk.


You have spent the earliest days of your second term fixing what President Biden broke. Next on your list should be saving US Steel and its 22,000 jobs.


14 views0 comments

Recent Posts

See All

Kommentare


bottom of page