r/neoliberal • u/Saltedline Hu Shih • Dec 03 '24

Trump vows to block Nippon Steel's planned purchase of US Steel News (Asia)

https://mainichi.jp/english/articles/20241203/p2g/00m/0bu/020000c
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u/Embarrassed_Jerk Immanuel Kant Dec 03 '24

You guys are overreacting. He'll let the purchase go through....once the company pays him a bribe

-1

u/lumpialarry Dec 03 '24

If it was as easy as bribing why didn't all the steel using companies bride trump to get rid of tariffs since there are more of them than steel producing companies?

I kind of wish Trump was that type of corrupt. He's more of a true believer sort of corrupt.

2

u/Embarrassed_Jerk Immanuel Kant Dec 03 '24

Because there's no lobby of companies that use steel. He targets specifically entities that can bribe him. Be it country or company.

1

u/lumpialarry Dec 03 '24

The API (American Petroleum Institute) alone is represents an industry 3 times the size of the US steel Industry and has spoken out against tariffs. National Association of Manufacturers (valued at $2.25 a year) has also spoken out against tariffs.

1

u/Embarrassed_Jerk Immanuel Kant Dec 03 '24

Spoken out but not bribed yet. Notice how he reduced the Chinese tarrifs to 10% ?