Alan Rappeport
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The chief executive of U.S. Steel said on Tuesday that the proposed takeover of the company by Nippon Steel of Japan would strengthen America’s national security, and he expressed confidence that the federal government would allow the deal to close despite bipartisan calls to block it.
Rebutting concerns from lawmakers and the steelworkers’ labor union about the transaction, the executive, David Burritt, argued that if the acquisition moved forward, the new company would benefit the U.S. economy and allow the United States and Japan to better...
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