Some concerned collapse of U.S. Steel deal will hurt workers

Published: Sep 05, 2024 Duration: 00:05:32 Category: News & Politics

Tags : World Kamala Harris CBS News U.S. politics joe biden Pittsburgh economy Pennsylvania America Decides Segments

Trending searches: nippon steel

YEARS IN PRISON AND MORE THAN $1 MILLION IN FINES. HIS SENTENCING IS SCHEDULED FOR DECEMBER 16th. >>> IN A PRESIDENTIAL CAMPAIGN WHERE BOTH CANDIDATES HAVE TWO COMPLETELY DIFFERENT VISIONS FOR THE COUNTRY, KAMALA HARRIS AND DONALD TRUMP AGREE ON THIS. U.S. STEEL SHOULD NOT BE SOLD TO JAPAN'S NIPPON STEEL. JOE BIDEN IS SET TO BLOCK THE ALMOST $15 BILLION ACQUISITION. HUNDREDS OF U.S. STEEL WORKERS HAVE RALLIED IN PITTSBURGH IN SUPPORT OF THE DEAL. U.S. STEEL CEO HAS WARNED THAT IF IT COLLAPSES SOME OF THE COMPANY MAY LEAVE THE CITY AND TAKE THOUSANDS OF JOBS WITH IT. RESIDENTS REMAIN OPTIMISTIC OF WHAT THE DEAL COULD BRING TO PITTSBURGH. >> AS FAR AS I'M CONCERNED ABOUT THE NIPPON DEAL , IT'S GOING TO BRING MONEY INTO THE PITTSBURGH AREA. IT IS GOING TO MAKE THE STEEL MILLS BETTER. IT WILL TAKE SOME POLLUTION. WHY NOT LET IT COME IN? >> FOR MORE ON THIS, LET'S BRING IN MAYOR KRIS KELLY OF PENNSYLVANIA AND HE HAS WARNED THAT THERE COULD BE IN SEVERE CONSEQUENCES IN ESTATE OF BIDEN BLOCKS THE DEAL. GOOD TO SEE YOU. THANKS FOR BEING HERE. IF THIS GETS BLOCKED, WHAT COULD BE THE RAMIFICATIONS FOR YOUR AREA? >> WE ARE TALKING ABOUT THREE STEEL MILL PLANS. THAT ARE ANTIQUATED AND THEY WOULD CLOSE. NIPPON HAS OFFERED TO MODERNIZE AND PUT BILLIONS OF DOLLARS INTO THE PLANTS , GUARANTEED JOBS, PENSIONS AND FUTURE OF PEOPLE THAT HAVE WORKED HISTORICALLY AND THEIR FAMILIES HAVE HAD FOUR OR FIVE GENERATIONS IN U.S. STEEL. THIS IS A WIN FOR EVERYBODY. I KNOW NO NEGATIVE THINGS. IT MAKES ME A LITTLE BIT UPSET IS THAT ALL OF THE NATIONAL POLITICIANS HAVE NOT TALKED TO THE PEOPLE THAT IT WILL AFFECT. THEY DON'T REALIZE THE EFFECT IT WILL HAVE ON THEIR JOBS. THESE COMMUNITIES, WEST MIFFLIN RELY ON THESE GOOD PAYING JOBS FOR THEIR FAMILIES, EDUCATION AND FOR EVERY WORKER THAT WORKS IN THESE THREE PLANTS. SEVEN JOBS ARE CREATED. THE VICE PRESIDENT IS JUST A FEW MILES FROM MY HOUSE. SHE CAN COME TO MY GARAGE AND MY OFFICE AND WE CAN SIT DOWN AND TALK ABOUT WHAT IS BEST FOR THESE INDIVIDUALS. THEY HAVE NOT TALKED TO THE LOCAL UNIONS. THEY ARE RELYING ON THE INTERNATIONAL UNION WHO HAS NOT HAD ONE WORD OF DIALECT WITH THE LOCAL UNIONS. YOU DON'T RUN A BUSINESS THAT WAY. YOU DON'T SAY YOU ARE CLOSING OR STOPPING THIS DEAL WITHOUT TALKING TO THE PEOPLE AFFECTED. SORRY. >> I THINK PEOPLE MAY BE WONDERING WHY THE ADMINISTRATION IS TRYING TO BLOCK THIS DEAL. THEIR ARGUMENT IS THAT IT POSES A NATIONAL SECURITY RISK AND I'M WONDERING THE RESPONSE TO THAT. >> GOD ALMIGHTY. LOOK, IF WE WERE TO MAKE SOMETHING FOR THE MILITARY, THEN THE MILITARY HAS INSPECT IS AT THE SITES. ARE WE FORGETTING THAT JAPAN IS OUR ALLY AND THAT WE HAVE 21,000 NAVAL PEOPLE IN JAPAN RIGHT NOW? THREE TIMES THAT AMOUNT AND SUPPORT PERSONNEL. IT'S NOT A NATIONAL SECURITY. THESE JOBS WILL BE HELD BY U.S. CITIZENS DOING U.S. JOBS AND UNDER THE NAME OF U.S. STEEL. THERE WILL BE MODERNIZATION THAT WILL CREATE ADDITIONAL JOBS. THIS IS A WIN-WIN FOR EVERYBODY. ABSOLUTELY. >> WE HAVE TALKED ABOUT THE CANDIDATES AT THE TOP OF THE TICKET THIS ELECTION CYCLE, BUT I UNDERSTAND THAT YOU CALLED SENATOR JOHN FETTERMAN WHO IS YOUR SENATOR IN PENNSYLVANIA TO TRY TO CHANGE HIS MIND. I'M WONDERING WHAT YOU HAVE HEARD FROM HIM. DO YOU HAVE ANY SUCCESS DEALING WITH HIM OR ANY OTHER LEADERS ON THIS? >> HE LIVES IN THE SHADOW OF ONE OF THE PLANTS THAT MAY CLOSE. I WAS UNSUCCESSFUL GETTING INTO HIS OFFICE TO GET A RESPONSE. I HAVE NOT HEARD BACK FROM MR. FETTERMAN AND I WISH I WOULD. HE HAS BEEF WITH THE UPPER MANAGEMENT. THAT'S FINE. DON'T TAKE IT OUT ON THE WORKERS. THERE WILL BE NEW MANAGEMENT. IF THIS PLACE SELLS, THERE WILL BE NEW MANAGEMENT. THERE WILL BE NIPPON U.S. STEEL AND IT WON'T BE THE PEOPLE HE HAS A GRUDGE AGAINST. I WISH I WOULD HEAR FROM HIM. I WOULD LIKE TO SIT DOWN WITH HIM. HE WAS THE MAYOR AND WE WERE NEXT-DOOR NEIGHBORS. >> PENNSYLVANIA IS THE MOST WATCHED STATE THIS ELECTION SEASON WITH THE BIGGEST BATTLEGROUND STATE. DONALD TRUMP WAS ABLE TO WIN OVER MANY STEELWORKERS WHEN HE WON THERE IN PENNSYLVANIA. WHAT DO YOU MAKE OF HIM SIDING WITH HARRISON HARRIS AND ABYDOS BIDEN ON THIS? >> IS THE ONLY THING THEY CAN AGREE ON AS FAR AS I KNOW. THAT'S SCARY. DONALD TRUMP IS A BUSINESSMAN. THIS IS GOOD BUSINESS AND WE ARE GOING TO INVEST BILLIONS INTO AN ANTIQUATED PLAN

Share your thoughts

Related Transcripts

Harris in Pennsylvania to prep for debate

Category: News & Politics

Thank you for your reporting. we appreciate it. >>> let's go to who is joining us from the north line to discuss harris's debate preparations. great to see you. i think it's interesting and telling that the vice president is basically camping out in pennsylvania to prepare for this debate.... Read more

Trump and Harris criticize each other on economy

Category: News & Politics

>>> kamala harris wants to sacrifice our wealth, kill the economy and drive jobs overseas to punish businesses. >> as you heard, vice president kamala harris and former president trump are hitting each other very hard on the economy and our polling shows that it's the top issue for voters... Read more

What voters think of Harris and Trump's debate performances

Category: News & Politics

's to welcome back to america decides. voters across the country are reacting to last night's debate. nikole killion watch it with the group in pennsylvania.>> we are here in a vertical swing county here in pennsylvania, which went for president biden in 2020. in voter registration is up... Read more

What Pennsylvania voters want to hear from Harris, Trump at debate

Category: News & Politics

>>> welcome back to "the daily report" i'm jericka duncan. tonight is the first and possibly only time vice president harris and former president trump will face off on a debate stage. there is no live audience, no opening statements and the microphones will be muted when it is not their... Read more

Israeli protesters demand hostage deal as Netanyahu remains defiant

Category: News & Politics

>>> for 23 years those privileged to have the most stunning honor to be hirsch's mama, i will take it and say thank you. i just wish it had been for longer. >> welcome back to america besides, that was rachel goldberg delivering a eulogy for her son was one of the six hostages found dead... Read more

What Merrick Garland revealed about threats against Justice Department

Category: News & Politics

>>> the justice department has come under fire in recent years from some republicans for its handling of various investigations, including both former president donald trump and president biden. some democrats have been critical as well. today, merrick garland condemned threats against the... Read more

Kamala Harris bus tour continues in Georgia ahead of first interview as presidential nominee

Category: News & Politics

>>> turning now to the race for the white house. vice president kamala harris and former president donald trump are both on the campaign trail today. trump heads to the battleground state of michigan and wisconsin. this afternoon, and he'll give remarks on the economy, inflation, and manufacturing... Read more

Harris campaigns in Pennsylvania county she hopes to flip, Trump unveils tax plan

Category: News & Politics

Case scenario. boeing says they are ready to get back to the table to get a deal done. >> thank you. >>> donald trump and kamala harris are back on the campaign trail. trump will have a press conference in los angeles county before heading to las vegas for a rally this evening. harris is... Read more

Taylor Swift drives more than 405,000 visitors to voter registration site

Category: News & Politics

>>> welcome back to america decides. taylor swift has endorsed vice president, harris in her campaign. she has also encouraged people to click on boater registration links online. that has had a lot of attention in recent days. the question is, what kind of impact will it really have on... Read more

U.S. Steel shares drop amid reports of Biden plan to block merger with Nippon Steel

Category: News & Politics

The consulate is currently close at the time of the shooting and no staff were injured. they were blocking the $14 million acquisition but the white house downplayed the report saying that talks among u.s. officials remain ongoing. for more on this i'm joined by chief white house correspondent... Read more

Rep. Tom Emmer unpacks GOP plan to avert government shutdown

Category: News & Politics

>>> lawmakers are back on capitol hill following the weeks long summer recess to address yet another fast approaching government shutdown deadline. funding for the government runs out on october 1st. roughly three weeks from today. house republicans are pushing a continuing resolution that... Read more

What to know about U.S. crime rates ahead of 2024 election

Category: News & Politics

Intro >>> welcome back to america decides here at day two of the republican national convention. fact. fbi crime statistics show crime is down and that is also what statistics in major american cities show. but how do actual voters feel about crime itself? cbs news executive director of elections... Read more