Japan's Nippon Steel calls Biden's takeover block “illegal interference”| DW News

[@Prashant_Pandey4]

this is old habbit of US , when they win game is fair when they loose they will not let other play the game.

[@paullisanti8673]

Only US uses that strategy?

[@lovepeacenappiness1]

The US should have the right of who owns business in OUR country. Yes Americans should protect our countries best interests.

[@erissanorma5891]

@@lovepeacenappiness1 are you really serious about this whole thing is about "protecting American Interests"?? Now the CEO of cleveland cliffs is being sued as he is the main one behind this deal ban And funny enough he's not even American !! (not to mention he appointed his own son as the COO ) It's All about the profits!!

[@SlashHarkenUltra]

Doesn't everybody do that?

[@Nubialady32]

​@SlashHarkenUltra No the rest of the world are good at trading unlike the West only good at unfair trade.....

[@araara4746]

US: "What free trade?"

[@jimmytimmy3680]

Ever heard of the Plaza Accords.

[@MHD008]

Of course

[@tomokawai4938]

If the US gov really thought US Steel was vital to national security, they shouldn't have let the company fall to its current state. Should have helped out much much earlier. Nippon Steel investment is a much better choice than putting in tax money for a long slow death or letting investment banking come in and quickly tear it apart.

[@forzaazzurri1471]

Is the US against capitalism? Japan can buy whatever they like with their money. This is a bad precedent as other countries will now restrict similar moves from American businesses.

[@vivliforia2262]

The problem is many countries intentionally don't buy lots of American products and keep demanding USA to buy lots of their products. The result is USA suffers debt. For example: Japan exports more to USA but imports less from USA. USA suffers debt every year. The same goes with China. China is notorious for exporting more but importing less. Both Japan and China are export-based countries. USA is an import-based country because many countries design USA to be like that. The world gets money, USA loses money.

[@Snoochieboochies27]

No it’s called protecting national security because resources.

[@forzaazzurri1471]

@@vivliforia2262 Well the USA is a service economy, while China manufactures a lot more. So what’s your point? Why would China buy services it doesn’t need? Why don’t Americans buy their own products to support their own country but choose instead cheaper Chinese products? Also many countries buy American products (i.e. military products). As you know the US is banning or forcing the sale of TikTok to an American owned company, and is now blocking the purchase of this American company by Japan. This doesn’t sound very capitalist (government meddling in private sector) so please don’t be shocked or surprised if let’s say the European Union forces the ban or sale of Apple, Microsoft, Meta etc. as their own “national security risk” next time.

[@甲田申由-d1t]

MAGA=COMMIE

[@Sl-tp6cn]

​@vivliforia2262 That's what the US has been doing to strengthen capitalist countries during the Cold War. It was to make countries like Germany, Japan, UK, and Korea to be able to fight against communism. But then, the US wasted their money on a failed attempt to beat communist Vietnam, useless investment on ICBMs, and relying too much on Keynes's ideology. If you're complaining about that, then you should complain to Truman, Eisenhower, Lindon, and Nixon.

[@crushnevnikita8575]

This is what happen when you are trading with america.. 😂

[@kevinjenner9502]

AUKUS submarine deal with France.

[@happymelon7129]

🤪Its always been a one way deal for the USA and that's not just the economy. Just bend over.

[@studarel3678]

Japan is very surprised and shocked because from Japan’s side, it has a very good relationship with the US and I never thought the US would say “No” to this transaction. Let’s see what the US has done to China before and now, Japan need to fight back, or Japan will loose 100% finally.

[@user-II63bs4tw24]

Japan is a friend now, but what if something changes that?

[@Bjonnet55]

Can Japan allow USA to buy Toyota what are u saying is Japan America, the USA is still defending a country that its most superior too in all ways; Japan is us biggest investors but the deal was at the wrong time; election season was a bad idea for them

[@MR-ji9vc]

@@Bjonnet55 Why bring up Toyota? In the case of U.S. Steel, their net profit for the July-September 2024 quarter fell by 60% compared to the same period last year, and there seems to be no end in sight to their poor performance. In the summer of 2023, they announced that they were considering strategic options, including a potential sale, and in December of the same year, Nippon Steel announced plans to acquire them. In other words, U.S. Steel sought to be acquired due to their poor performance, leading to Nippon Steel’s acquisition plan. On the other hand, Toyota is still one of the top automakers in the world with no plans for acquisition, so comparing the two is incorrect.

[@vivliforia2262]

Why did Nissan choose to merge with Honda and Mitsubishi? Nissan is struggling, right? Why not with Renault so that Nissan can become a French company? Oh yes, Japanese nationalism. Nissan is so iconic that Japan doesn't want it to fall into foreign hands.

[@Sl-tp6cn]

​@@vivliforia2262Renault didn't give any offers. What kind of parable is that?

[@nowayjose1313]

Blocking this deal only makes sense if the US Government actually budgets to enhance that facility. When the workers complain about a trade block, that means the workers feel underachieved with the current facility.

[@borisjohnson3085]

Biden still doesn't take this issue seriously, even if it may worsen the relationship with Japan.

[@moshesierra6849]

The US steel trade unions were against to move as well as Trump It’s a national political issue

[@LollipopLop]

Brother we are going back to ww2 era this whole world is fked now

[@Sweet-Rat-Milk]

What is the vassal state of Japan going to do?

[@LollipopLop]

@@Sweet-Rat-Milk it isn’t even a vassel state lmao tf you talking Do they speak English? No Are they American? No

[@LollipopLop]

@@Sweet-Rat-Milk have us military yes just like everywhere around the world lol It’s noting new to be honest this has been it since ww2 ended

[@nulnoh219]

Japan and Germany lost Strategic Autonomy since 1945. Sleep walking and following whatever the US says since.

[@凶吉-r6u]

何言ってんだよ😂 政治知識ねぇのな

[@jeremycull8876]

Japan created the katana... arguably the most sophisticated and remarkable steel sword in human history... USA needs to set their misguided pride to one side, and realize it is an HONOR to partner with the steel masters from the other side of the world. Katanas are fire. As for national security supply chain concerns, the supply is HERE. Not in Japan 🙄. What could they possibly do? Blow up the facilities managed and operated primarily by U.S. citizens? In that event, the national security concern is ourselves... Maybe there is some real truth to that, considering how bad we are at identifying honest allies. USA needs some serious soul searching. I will also point out (for the privileged few who made it this far) that there is a man who owns property in Mexico (and who isn't Mexican... ) Housing a mind-boggling amount of scrap steel, and this extra - significant - supply flying under the radar is fed into the market every so often, whenever it is deemed suitable to the person who controls this supply. Just saying.

[@zen-hj3qn]

Hey, I am Japanese. I fully understand the American perspective on this issue. Steel companies are vital to every country, without exception. At the moment, this matter has garnered significant attention from the Japanese people. Japan has been the largest investor in the United States to date. Should this relationship be undermined, there is a risk that Japan’s stance could shift from being pro-American to pro-Chinese and anti-American, potentially plunging the world further into chaos. This is not an outcome I desire. I sincerely hope that the United States will uphold fair trade between the world’s leading capitalist nations.

[@Luffy-c7g]

US sees Japan as nothing more than a useful puppet.

[@user-qm7jw]

>Steel companies are vital to every country, without exception だから日鉄がUSスチールを買収して救おうとしたんじゃないの？そんなに重要な企業ならなんでアメリカ政府は今までUSスチールの事助けもせずに放置してたんだって話になるし しかも中国企業に買収されるならまだしも日本企業に買収される事を安全保障上の理由で拒否するなんて日本の事信用してないって事じゃん

[@__3800]

Friends and allies. I can feel the love.

[@eskay2012]

Isn’t this is how US operates? Say one thing and do another.😮

[@facitenonvictimarum]

@@eskay2012 No Comrade Eskay, that's just what they teach in troll school.

[@eskay2012]

@ - bet u came up top and beat Blinkin at his game

[@TheHappyCoder]

Why not join BRICS and get treated fairly for a change?

[@kinpatsumania57]

Including this video, KZbin comments generally stand out for being relatively logical and accurate. However, on other social media platforms, you see a lot of emotional and less intelligent comments like, 'America won WWII, so why do we have to be bought out by Nippon Steel?' If this kind of opinion represents the (silent) majority and the President has to listen to it, then I really feel like we're seeing the negative side of democracy.

[@tthex6484]

US Japan cannot have a real dispute Japan is a US satellite state

[@sufa-ol1cr]

They are suing Biden, not the us government, just Biden

[@LollipopLop]

It wasn’t in ww2 though Did you forgot they attacked usa lol They could anytime change their mind like us Americans so don’t expect anything

[@maxblanck123]

same as Germany, absolutly no diffrence

[@Valmiki168]

Just like NK is of Russia

[@vivliforia2262]

The Japanese government often doesn't tell their Japanese children/young generations what Japan did to Korea, China, Southeast Asia and Pearl Harbor during the World War 2, by the way. Most of all they teach is Hiroshima and Nagasaki nuked by USA. Done. They usually don't teach the cause, only the effect.

[@zhipengren]

basically usa rather let usa steel lack behind and wait for some revitalization plan internally from the states than got the financial and technical deal and help from japan from aquistion, this in turn most likely hurt usa steel sector economically in at least a foreseenable short sight, is what i understand from this situation.

[@miyasugu1]

戦争で日本に勝ってそこから復興させて、今度は日本は敵にされるのね。茶番すぎる笑

[@Flynbourne]

Good. Absolutely shocking decision. Not just for Nippon but bad for the US

[@SoNoFTheMoSt]

I wish the UK government had blocked the sale of Cadburys chocolate to Kraft!

[@juamu1132]

no wonder their candies taste off. man i miss the old cadbury.

[@urkiddingme6254]

Amen. Cadbury used to be delicious until one of our cheapo knockoff companies bought it. I thought it was Nestle, but if you say Kraft, ok.

[@GlitterandCrystals]

You and me both my brother from another mother please may we go and get a pint some time because you sound right up my alley matey I’ve been lonely recently as well, seriously though it’s a real shame to lose the amazing pride of having cadburys chocolate made at home, I love chocolate more than steel, why can’t we at least keep the chocolate! 🍫 and you

[@Andulvar]

Not owned by Kraft anymore but Mondelez International. Easy information to look up. Kraft in the States only wants to focus on Cheese, it's why Kraft peanut butter doesn't exist in the States and was sold to another company (who's ex CEO is a chomo), however Kraft Canada still has Kraft Peanut Butter.

[@SoNoFTheMoSt]

@@Andulvar Its both, kraft and mondelez, easy to look up.

[@NoelSabayi]

Japan is some colony of the US and is remote-controlled from Washington. They should move on nothing changes now or later

[@rocrococo]

And USA is owned by China now

[@凶吉-r6u]

貴方は何人ですか？😂 日本が植民地とは随分馬鹿げたことを言うのですね

[@TienyeeTien]

US: Sue daddy? 😱how dare you!

[@MjuAnRqnrjsoe81]

Japan: You are not our real daddy! We use Chinese characters and our own characters! って、言いたくなるわ。戦後80年もアメリカに付き従ってきた結果この仕打ちでは、さすがに信用できなくもなるよ。😢

[@happymelon7129]

It's hilarious to see NSteel treated like trash by the U$🤣..After being obedient to decouple. 2024-8-9 , Nippon Steel pivots away from China to zero in on U.S., India. Nippon Steel's global strategy is at a crossroads as the Japanese steelmaker looks to establish start-to-finish local production in the target markets of the U.S., India and Southeast Asia. Nippon Steel did not provide a reason for dissolving the partnership with China originally established in 2004.

[@burns281981]

Imagine being so foreign you see the US market and the Indian market as the same thing.

[@jimmytimmy3680]

😂😂😂

[@凶吉-r6u]

？？？ ちゃんと「BNA設立時の目的が達成されたため」と答えていますが？ 知識皆無😂

[@SlashHarkenUltra]

Biden is starting to look like a bad drawing

[@jaschan2006]

Japan was preparing to block Alimentation Couche Tard acquiring 7-11’s parent company Seven & I. I get countries can see national interest and security issues but it goes both ways.

[@aproy5256]

Not true. Japanese government is not formally announcing to confront this issue. Don’t compare with US and Japan as same level.

[@a61374]

I guess we can forget the American military and bases in Japanese soil. Typical American double standards of security issues indeed.

[@jaschan2006]

@ ok but I am not American though

[@jonasp8920]

America says "Jump", Vassal States say "How High?" 😂

[@rowredround7206]

Ok Ivan

[@凶吉-r6u]

中国人？

[@tnnsboy18]

Mehh, they can complain all they want. Its not happening!

[@robert8764]

biden called Japanese xenophobic..report that too dw..do your job for once

[@reood-p3o]

実際俺たち島国なんで結構排他的ですよ

[@TV-ex5qq]

なんで鉄ごときで日米関係が崩れるんだよ

[@sherry-rg7fh]

「鉄は国家なり」って言いますからね

[@reood-p3o]

アメリカは日本よりも鉄を選ぶのか...

[@user-bi9yu9df9k]

@@sherry-rg7fh19世紀の人間の言葉だけどなw

[@blackburnheart]

Biden legacy 🤡

[@plkrishh]

US should have waited for President in waiting to take a call. But to day Japan and US are friends after recalling ww two is strange

[@Voxabonable]

It's super goodest to be America's friend. Yoon gave singing lesson, Kishida taught English. Try they did. Analysts begun putting bets on which one would get thrown under the bus first. Now we know it's first come first served.

[@holton345]

Regarding "national security" you keep trying to make this an issue about Japan. It is national security against Russia and China. We do not want to get caught out being unable to fully supply our military if a war breaks out. Plain and simple. This is not about Japan at all. It is about foreign ownership of key industries. This makes them inherently unstable and undependable if we have to go to war. We are not worried that Japan being a risk. We are worried about some offshore company owning one of the key industries that powers our economic engine. It is simple when you stop trying to generate clicks or ratings by making it look like big, mean US is beating up on poor, sweet Japan. Nothing of that sort is happening. FOLLOW THE MONEY. WHO MAKES THE MONEY, HERE? AND WHO IS FOMENGING DISSENT IN THE UNIONS? The nasty US owners, who do not care who runs the US so long as they get to keep their cash. This is about super rich people not getting what they want and using their power to create a "situation" and then feed it to you guys, who lap it up like a kitten loves milk. Try doing som e research on what is causing all this BEFORE reporting what they want you to report. WHO BENEFITS FROM DW REPORTING THIS NONSENSE? Try reporting on THEM.

[@yangmeng7820]

Bliken is a highly talented professional LIAR: "...friendship growing stronger than it has ever been....!" ?

[@4362mont]

I'm not sure if it's Nippon Steel or the Nation if Japan that objects to this one US company not being for sale to a company overseas. There are reasons why I think there should be some kind of air gap between amy country's private industry & its government, but I'm still thinking. We really do need to keep the ability to do a lot of our own steel: smelt, roll, e tc.

[@plkrishh]

Friendship ?

[@ThànhHoàngNgọc-w8r]

the tail is not supposed to wagging the dog

[@happyhours2491]

5:16 bruh, who's playing pubg mobile💀

[@foxtrot762]

Japan to join BRICS

[@vivliforia2262]

If Japan joins BRICS and abandons US dollar, well many of Japanese exports to USA would probably be banned: anime, Crunchyroll, manga, Nintendo, PlayStation, Sony, Japanese games, Japanese cars/bikes (Toyota, Subaru, etc), American branch of 7-Eleven, and many more. USA also could shut down a Japanese gas company in USA. Japan sure could retaliate by banning Google, KZbin, Twitter/X, Facebook, McDonald's, Disney, Amazon, Netflix, Apple, Microsoft etc. But believe me, the impact of USA banning of Japanese products/services is absolutely more dangerous to the Japanese economy than the impact of Japan banning of American products/services. It's because Japan's economy is also heavily dependent on exports to USA. Losing US market is a nightmare for Japan. Losing Japanese market is not really a big problem for USA, because many American companies have long failed to penetrate into Japanese market. Japan is a small country located in the middle of monstrous empires: USA, China and Russia.

[@zolo_LR4]

Both Americans and Japanese can’t forgotten pearl harbour and Hiroshima … both not trusted each other in their inner world and both are aware of the retaliations in the future although they’re working together now for their own enemies…

[@ShotgunMessiah]

Too bad if you dont like it.

[@ozanxD]

nippon steel and us steel together sued or only nippon steel? i am confused from some other news.

[@DarthAwar]

Both are Suing US Steel and Nippon Steel

[@erissanorma5891]

@@DarthAwar can you read? US Steel & Nippon Steel, together suing Biden and CEO of Cleveland cliffs(trivial company who bribed the Union) and President of the United Steelworkers (union + lobbying group who mostly lobby Democrats politician ) And you have to note that Cleveland Cliffs was also completing against Nippon steel during M&A negotiation... so it was never about national security lol

[@4flatgarage-bf4sg]

Jo quashes the pipeline on the way in putting millions of families out of work and now on the way out; this, all because it smells bad and damage control for the 'party' is now paramount.

[@RobPalmer454]

Wow a Hudson Institute scholar saying something reasonable…

[@99dynasty]

It’s not that big of a steel

[@chasejohnson6453]

We need the steel more than ever

[@flyingface]

Investor-state dispute incoming

[@BaliAgha]

This guy for real? What a fool.

[@riccardobertagna9388]

Japan wants US steel, and the US doesn’t want to give it to outsiders. Japan sues the US decision but also reminds the US of their partnership-don’t sue and then tell them to be nice; it doesn’t make any sense. US steel should stay in the US. Japan doesn’t need it but wants it. It's very different.

[@DarthAwar]

But yet State and Federal Governments have let it Rot/Die

[@araara4746]

What are you talking about? Japan wants to acquire US Steel, not relocate it. US Steel will remain in the US.

[@jermainenowels9511]

If you wanted to keep US Steel America should’ve been taking care of it to where it’s not in the brink of bankruptcy

[@891delta]

US Steel is a failing and not even a top steel producer in the US. Blocking the deal doesnt make sense

[@Ak754wave]

If US Steel can't survive, it's a meaningless argument.Even if Japan does not acquire it, the company will only disappear.

[@ninakhan3803]

When Big Brother says A, you don't do B. Be obedient.

[@orlandofabrique7054]

The reason is self interest, as Japan also protect its own interest so with China!

[@ÖMG9509-u2h]

Japan should have its better

[@tedjuniormichael1083]

Don't sue Japan. Bad move. Like a guy asking the parents blessing to marry their daughter but got rejected then suing the parents.

[@shermc4587]

The parent is the court. Not president. It is like creepy uncle Joe trying to stop the marriage because Joe likes the bride.

[@araara4746]

Even if Japan wins in the arbitration court, the US will not give a f*.

[@okman9684]

That's not how business works bud. It's more like someone signed a contract to sell you a commodity in a certain time so you were assured and didn't buy from someone else and then they sold that committee to someone else without informing you. That will be a breach of contract.

[@vivliforia2262]

Well, Nippon Steel didn't ask for permission from the US government before acquiring US Steel. Nippon Steel should've had some manners.

[@kake-n8r]

そろそろ逝くバイデンは失うものがないらしい

[@BB-no6sy]

アメリカ政府は2万人の雇用を税金で面倒見ればいい大事な産業なのだろから❗🎌）

[@random_579]

アメリカの国民感情の気持ちも分かるから難しい

[@duck999-h6u]

This is the problem. Japanese are "too nice". Why wonder it's in decline.

[@kake-n8r]

@@duck999-h6uその通り過ぎてぐうの音も出ない

[@BB-no6sy]

アメリカ政府が税金で助ければいい❗😂

[@GunsmasOykot]

How good allies are Japan and USA?

[@デヴィン]

Japan still sees the U.S. as a sort of fantasy land. The past year has brought more Japanese culture to the U.S. because of Japanese baseball player Shohei Ohtani and the L.A. Dodgers. The majority of cars in the U.S. are made by Japanese companies. The U.S. military works closely with Japans JSDF. Of course there's more than that, but Japan and the U.S. have had a good relationship for quite some time

[@uludak8468]

business interference? japans government does that all the time. renault nissan, ly corporation

[@zimpetrichor4919]

Carlos Ghosn was right. They hate anything foreign.

[@a61374]

US troops in Japan?

[@stacycore4358]

its blocked, move on!🤣

[@vivliforia2262]

If this steel deal goes through, Japan would probably want to take over more American companies. What next American companies do you want to take over, Japan? Marvel? DC? Disney? Warner Bros? Take-Two? EA? McDonald's? Wallmart? Amazon? Tesla? SpaceX? Ford? General Motors? Boeing? Google? Meta? Microsoft? Apple? USA would have nothing, then. (Sarcasm 😅)

[@_Painted]

Democratize U.S. Steel. If the current leadership at the company can't figure out how to modernize the company without subsidies, so they seek to sell our critical industries to a foreign company, then they've proven their worthlessness as leaders. If U.S. Steel goes bankrupt, the government should buy any useful working capital from it for a low price and then setup a structure where the power to decide the company's future is put into the hands of all of the workers to let them vote for new company leadership and decide how their company should be modernized. If subsidies/bailouts are given, then the current company leadership should not be allowed to remain (unless democratically elected by the workers) or profit from the intervention.

[@ameyas7726]

Fidel Castro and Hugo Chavez did the same thing in Cuba and Venezuela....get rid of the capitalists, CEOs and put "the people" in charge..

[@Peter-p7n5b]

PINK FLOYD SONG THEYRE ON THE DISH WASHER DISCUS THROWER OLD HERCULES UNCHAINED MOVIE

[@word42069]

Imagine being mad at the US for protecting its steel industry.

[@mustang_mike7632]

This will literally cost the US thousands of steel workers their jobs

[@891delta]

Imagine being this ignorant and dishonest. US Steel is a failing and not even a top steel producer in the US

[@kltpzyxm_]

​@@891delta And don't forget the old and outdated infrastructure. 🇺🇲

[@a61374]

Perhaps its why Blinken desperate travel to Japan to hope Japan honor the alliance and not kick the US military out of Japan's soil

[@vivliforia2262]

Nippon Steel is childish.

[@sirburst1728]

Japan hasn't learned; i don't feel sorry for them.

[@CAStone-kq4md]

Just give the Big Man his 10 % .

[@SunisaSeeson]

🌏🌍💪💪👉🏼👉🏼👉🏼🎖️🎖️🎖️🧢🧢🧢🧢

[@iddrisibrahim9924]

😂😂😂😂😂 sleeping jon

[@Xcelcior6780]

😂😂😂

[@Peter-p7n5b]

PRINCE BOOK PARADISE LOST POEM BOOK

[@jan_darysh]

No sell to Japan 🇯🇵❌ Best job🇺🇸 Great president Biden🗽🇺🇸

[@ralphee7487]

Would Japan let US companies buy out Toyota? I think not.

[@a61374]

US military is in Japan's soil. That is more a greater security concern for Japanese, but I guess we can ignore that.

[@curly_]

Yes absolutly righteous

[@FitwithKush]

Japan has not learned .. I am not sorry for them

[@facitenonvictimarum]

🎵Let's remember Pearl Harbor As we go to meet the foe. Let's remember Pearl Harbor As we did the Alamo. We will always remember how they died for Liberty. Let's remember Pearl Harbor And go on to victory. 🎵

[@randomguy7175]

Japan will join hands with little man from North Korea 😅

[@aproy5256]

Which nationality are you?

[@Bjonnet55]

Can Japan allow USA to buy Toyota what are u saying is Japan America, the USA is still defending a country that its most superior too in all ways; Japan is us biggest investors but the deal was at the wrong time; election season was a bad idea for them

[@democracysmith6060]

USA can't buy Toyota because they don't have the money

[@arliskartilah8410]

😮

[@facitenonvictimarum]

Remember Pearl Harbor.

[@SlashHarkenUltra]

I think we got them back