Trade and Industrial Policy

In an extended CBS interview after Nippon’s takeover, U.S. Steel CEO David Burritt insisted the company is “absolutely” still an American company and said U.S. Steel will invest about $14 billion “over the next few years” to expand and modernize. He called President Trump’s steel tariffs a “game changer,” explicitly tying the company’s strategy to that policy as the administration’s broader tariff authority and IEEPA powers face scrutiny at the Supreme Court.