Trump again vows to block Japanese firms controversial takeover of US Steel [Video]

President-elect Donald Trump has again indicated that he intends to block a Japanese firm’s $15 billion takeover bid of U.S. Steel upon taking office, saying the former American giant can eventually stand on its own.Video above: U.S. Steel CEO David Burritt speaks on sale to Nippon“Through a series of Tax Incentives and Tariffs, we will make U.S. Steel Strong and Great Again,” he said on his Truth Social platform on Monday. “As President, I will block this deal from happening. Buyer Beware!!”The intended buyer, Nippon Steel, said it was determined to protect and grow U.S. Steel.“We will invest no less than $2.7 billion into its unionized facilities, introduce our world-class technological innovation, and secure union jobs so that American steelworkers at U.S. Steel can manufacture the most advanced steel products for American customers,” it said in a statement sent to CNN.The Pittsburgh-based company was formed in 1901 as a merger …