Conservatives cheer benefits of Nippon Steel’s takeover of US Steel

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Despite earlier misgivings about Japan’s Nippon Steel buying Pittsburgh-based U.S. Steel, conservative economists are rallying behind the deal to stave off possible retaliation and tariffs.

The Heritage Foundation and now the Committee to Unleash Prosperity have argued the deal is great for the United States, will keep U.S. manufacturing jobs, and will expand steel production.

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