URGENT: Biden says U.S. Steel should remain "totally American" firm

U.S. President Joe Biden said Wednesday that United States Steel Corp. should remain a "totally American" company.

Biden's latest statement about Nippon Steel Corp.'s planned acquisition of the U.S. company was made at the headquarters of the United Steelworkers, a powerful labor union, in Pittsburgh, Pennsylvania, a key battleground state in November's presidential election.

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