President Joe Biden’s decision to block the sale of U.S. Steel to Nippon Steel, Japan’s largest steelmaker, could provide President-elect Donald Trump with a political victory before he takes office.

The potential takeover of U.S. Steel was one of the most debated issues during the 2024 presidential race, and halting a large foreign organization such as Nippon Steel could be viewed as a political victory for Trump and his “America first” philosophy, Newsweek reported.

Trump previously vowed to block the sale, writing last month on his social media platform Truth Social, “I am totally against the once great and powerful U.S. Steel being bought by a foreign company” and will use tax incentives and tariffs to make U.S. Steel “Strong and Great Again, and it will happen FAST! As President, I will block this deal from happening. Buyer Beware!!!”

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