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Steel Trap

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The Credit Strategist
Jan 04, 2025
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The Wall Street Journal’s editorial page sharply criticized President Biden for blocking Nippon Steel’s proposed takeover of U.S. Steel (X) today. Their criticism was justified but they said little about the fact that President-Elect Trump promised to do exactly the same thing. This wasn’t a partisan error - it was an American error. Nippon Steel’s $…

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