How the Election Is Sinking a $15 Billion Business Deal

Описание: In a highly unusual move, the Biden administration signaled last week that it would block a Japanese company from buying an iconic American company in a critical swing state.


Alan Rappeport, who covers the Treasury Department for The Times, discusses the politics that could doom the multibillion-dollar deal, and what it says about the new power of American labor.


Guest: Alan Rappeport (https://www.nytimes.com/by/alan-rappe...) , an economic policy reporter for The New York Times.


Background reading: 

• President Biden is expected to block Nippon Steel’s takeover of U.S. Steel (https://www.nytimes.com/2024/09/04/us...) .
• How swing-state politics are sinking a global steel deal (https://www.nytimes.com/2024/09/05/us...) .

For more information on today’s episode, visit nytimes.com/thedaily (http://nytimes.com/thedaily?smid=pc-t...) . Transcripts of each episode will be made available by the next workday.






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