
I'm not buying it. Burritt's reassurances about U.S. Steel remaining a true American entity ring hollow when you consider the golden share provision and the $14 billion investment from Nippon Steel. It's like he's trying to convince us that a Japanese conglomerate owning 30% of our steel industry isn't a problem.

The fact remains, this acquisition has created a potential conflict of interest and raises questions about Burritt's loyalty to America.
I mean, think about it - if Trump can approve major business decisions for U.S. Steel, that essentially gives him control over the company's fate. It's a slippery slope.

Not to mention the fact that Nippon Steel's interests might not align with those of American workers. Burritt tries to downplay this by saying his team would need Trump's approval if they were to close plants, but what about when it comes to expansion or new investments? Who gets to decide then?
It's also interesting to note that Burritt seems to be more concerned with the economic benefits of this deal than the national security implications.

The idea that U.S. Steel is now a "beautiful thing" because it has aligned their interests with Nippon Steel just doesn't sit right with me. I want to see more transparency and accountability from our corporate leaders when it comes to foreign ownership and potential conflicts of interest.
Ultimately, I'm not convinced that U.S. Steel remains an American entity despite this acquisition.

Time will tell if Burritt's assurances are enough to quell concerns about this deal.