The president uses government leverage to extract equity stakes, profit-sharing deals, and special voting rights from major corporations. These are familiar tools—but Trump’s unchecked dealmaking could be disastrous.
U.S. Steel
Posted inNewsletter
Trump Is About to Drag America Into the Abyss of Protectionism
Plus, where Democrats went wrong in New York, how we can win the war against DUIs, and why Biden should approve the Nippon Steel deal — all in the January 2, 2025 newsletter.
Posted inPolitics
Biden Should Approve the Nippon Steel Deal
New concessions from the Japanese company give Biden a legitimate reason to abandon his opposition to the sale of U.S. Steel.
Posted inThe Monopolized Economy
Biden’s Smart Case Against the Sale of U.S. Steel to Nippon Steel
While presidential allies worry that he’s become protectionist or even Trumpist, his opposition to the sale adheres to his policies for protecting supply chains, fighting climate change, and expanding American manufacturing.
Posted inEconomy
Approve the Nippon-U.S. Steel Deal
Far from erasing a historic American company, as the senators fret, Nippon’s acquisition may rescue It.
Posted inEconomy
Steel Can Lead the Green Revolution
A former mayor of Pittsburgh and a grandson of steelworkers makes the case for environmentally sustainable steel production.
