I hope you're not being serious. The production would not go anywhere. US Steel's plants are in the US & Nippon will upgrade those plants' efficiencies & still make the steel here. If Nippon pulls out, US companies can run the plants (Probably less efficiently for at least a while.).Simple, they don't want the profits of a sensitive industry that is vital to our national security going overseas. Let alone the potential to do harm to our national security.
The workers simply want to continue their good lifestyle and have it continue for generations after them.
US Steel makes about 9M tons of 80M+ tons of steel produced in US. Why those mere 9M tons makes them sensitive & a threat to national security is pretty lame. At least I agree the workers want to maintain a good lifestyle vs. US Steel going bankrupt. I mean why should workers have good jobs? $0.5B profits is peanuts in our economy.
Curious, should the US force all foreign car makers to turn their plants over to US owners to keep they're much larger profits here? If not, why are they OK?
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