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Biden considered Nippon Steel a national security threat so the Japanese are going to raise an eyebrow when the US Navy begs them to work on actual military shi
by tsudonym 2y ago
Biden considered Nippon Steel a national security threat so the Japanese are going to raise an eyebrow when the US Navy begs them to work on actual military ships
- chrisco255 2y agoThey considered foreign ownership of U.S. Steel a national security threat. Rightfully so. It is a key industry and has to be fostered internally.
- bluGill 2y agoThe question is how to get U.S. Steel to invest in modern equipment and processes. U.S. steel is one of the companies that invested in more efficiency in their core processes and failed to be ready when new processes went from expensive to cheaper and better.
- chrisco255 2y agoStill not following why Japan needs to own it in order for that to occur. If we have a foreign dependency problem, the solution is not to add a different foreign dependency.
- bluGill 2y agoJapan has the expertise needed. Managers, engineers and the like. There is nothing here that cannot be done by local management, but it will take time and effort to develop all the people. If local management had any interest in improving they would have started years ago... So they all need to be kicked out (presumably anyone who did care was forced out over the years) and start over.
- tsudonym 2y agoCool. Japan will then not work on US Navy ships because it's a national security threat. Good luck.
- chrisco255 2y agoIt should be obvious that alliances shift and you can't be dependent on your former world war rivals for war production, especially when you're supposed to be a world superpower.