A spit in the face of one of our closest allies, a lie to the public about national security risk, and a mockery of the idea that industrial policy in this country can be done smartly. Rarely do you see a policy failure check so many boxes.
Quote
Scott Lincicome
@scottlincicome
"The Pentagon, US Treasury and state department have all concluded that Nippon Steel’s $15bn acquisition of US Steel poses no national security risks, even though President Joe Biden is expected to block the deal." ft.com/content/c86ceb
