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...All three senators are from states where the United Steelworkers union has a large presence....
...“The US focuses more on the Asia-Pacific area than on Europe,” he said....
...Additional reporting by Sarah White in Paris, Peter Campbell in London and Edward White in Seoul...
...The White House said Biden told his team to work with Mexico to ensure China could not evade US tariffs by exporting steel to the US via Mexico....
...Under the rules, companies must notify Brussels of bids for public tenders when the estimated value of the contract is more than €250mn and when the company has received at least €4mn in subsidies from a...
...The Pacific Railway Act gave “every alternate section of public land” to the railroad companies, within wide swaths on either side of the tracks....
...Union Pacific and BNSF — a division of Warren Buffett’s Berkshire Hathaway — were the two US railroads most directly affected by the closures, the association said....
...Experts in Washington said the company had made a serious mistake by not striking a deal with the union before announcing the deal....
...The White House said the president on Thursday called David McCall, international president of the United Steelworkers union, to “reiterate that he has the steelworkers’ back”....
...The union, however, favoured an earlier, lower, bid from another US steelmaker, Cleveland-Cliffs, which it views as more union-friendly....
...Additional reporting by Wenjie Ding in Beijing, Andy Bounds in Brussels and Sarah White in Paris...
...The activism poses political risks for President Joe Biden, who has pitched himself as the biggest ally unions have ever had in the White House....
...But I expect that the White House will take the case on sooner than that. Indeed, if they appear to dither, it will hurt Biden in Pennsylvania, home of the United Steelworkers and a key swing state....
...In her State of the Union address in September, European Commission President Ursula von der Leyen complained that China was flooding the global market with cheap EVs and that Beijing was making prices “...
...Unions pushed to keep this option open, but the cost was £638mn higher....
...with the Teamsters union....
...But Biden has faced pressure from unions and Congress for an even tighter regime, amid signs that Chinese components are reaching the US via Mexico....
...Karine Jean-Pierre, the White House press secretary, declined to comment specifically on the potential sale of US Steel, noting it could be subject to regulatory review....
...“China was the original ‘de-risker’,” says Jens Eskelund, president of the European Union Chamber of Commerce in China....
...Labour experts say there are signs of a historic switch in the relationship between companies and their employees, with the docility that had taken over Japanese labour unions during the past three decades...
...Unable to lure enough local labour to lay tracks through the treacherous Rocky Mountains, the railroad company petitioned the government to allow it to recruit Chinese workers....
...Can a multinational company in Asia really be guaranteed to do that?...
...The German company most exposed to higher Chinese import tariffs would be Mercedes-Benz, according to Stifel analyst Daniel Schwarz, who noted that the company imports roughly 20 per cent of its cars sold...
...It’s an important week in the US presidential race as Donald Trump prepares to secure the Republican nomination while incumbent Joe Biden delivers his State of the Union speech....
...The hedge fund holds a $1.6bn stake in Union Pacific, making it one of the railroad’s largest shareholders....
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