Thinking About China
Opinion

US Steel: Why the Japanese Buyout of Pittsburgh Company Shouldn’t Be Blocked

Think of the consequences of a failed deal for U.S.–China competition and American jobs.
US Steel: Why the Japanese Buyout of Pittsburgh Company Shouldn’t Be Blocked
A worker leaves U.S. Steel Edgar Thomson Steel Works in Braddock, Pa., on March 10, 2018. Drew Angerer/Getty Images
Anders Corr
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Commentary

Most leading Washington politicians want to block Japan’s Nippon Steel from buying U.S. Steel. It’s a quintessentially American company headquartered in Pittsburgh. Keeping U.S. Steel American has a logical ring to it. Admittedly, merging the United States’ eponymous steel company with Nippon could make us look weak to some. Japan protected its own steel industry, which gives us more than enough rights to protect ours from Japan.

Anders Corr
Anders Corr
Author
Anders Corr has a bachelor's/master's in political science from Yale University (2001) and a doctorate in government from Harvard University (2008). He is a principal at Corr Analytics Inc. and publisher of the Journal of Political Risk, and has conducted extensive research in North America, Europe, and Asia. His latest books are “The Concentration of Power: Institutionalization, Hierarchy, and Hegemony” (2021) and “Great Powers, Grand Strategies: the New Game in the South China Sea" (2018).
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