Just as Japanese companies Toyota and Honda are creating jobs, Nippon can do the same in the steel industry, The Heritage Foundation’s Diana Furchtgott-Roth and Andrew Hale write.

Lourenco Goncalves, the CEO of Ohio-based steelmaker Cleveland Cliffs, said Monday that he wanted to make a new bid for U.S. Steel.

President Biden blocked the deal between Nippon and U.S. Steel earlier this month due to "national security" concerns.

“As Governor Shapiro has stated before, he expects any potential buyer for U.S. Steel to demonstrate strong commitments to capital investment at the Mon Valley Works, keeping the headquarters in Pittsburgh, and protecting and growing jobs throughout western Pennsylvania,” Bonder said.

Separate lawsuits from Nippon Steel and U.S. Steel target President Joe Biden as well as a steelworkers union head and a rival steelmaker’s CEO.

US Steel and Nippon, whose $14.3 billion merger was blocked by President Joe Biden last week, filed a lawsuit against the US government Monday, claiming Biden’s executive order to bar the companies from combining was signed for “purely political reasons.

In a separate lawsuit filed in the District Court for the Western District of Pennsylvania, the companies accused ... in collusion with the head of the United Steelworkers, maneuvered to prevent any party other than Cleveland-Cliffs from acquiring U.S ...

Nippon Steel Corp. and United States Steel Corp. jointly filed lawsuits in a last-ditch effort to preserve the planned merger of the companies, which was blocked last week by President Joe Biden.

The argument is even less credible considering Japan hosts more than 50,000 US troops and in 2023 changed its laws so US-designed Patriot Missiles produced in Japan could be sold to the US to replenish stocks that had dwindled due to substantial shipments to Ukraine.

President Joe Biden’s decision to block Nippon Steel’s acquisition of U.S. Steel on national security grounds will have disastrous consequences for some Pennsylvania steel workers, who will lose their jobs and won’t be able to pay mortgages and support their families.

Trump will probably try to protect American steelworker jobs with tariffs on imported steel. The last time he did that, it killed more jobs than it saved.