US Steel Stock Falls After Kamala Harris Says She Opposes Nippon Acquisition

Key TakeawaysOn a presidential campaign stop in Pittsburgh, Vice President Kamala Harris said she opposes Nippon Steel's acquisition of U.S. Steel.Harris reiterated a statement in March from President Biden arguing that the company should remain in American ownership.U.S. Steel agreed last December to be purchased by Japan's Nippon Steel for $14.9 billion. U.S. Steel (X) shares tumbled Tuesday, a day after Democratic presidential candidate and Vice President Kamala Harris said that she supported the White H ...