【White House Press Secretary: Biden supports steelworkers and competition】White House Press Secretary Jean-Pierre said that President Biden supports steelworkers and competition when asked about the proposed purchase of a U.S. steel company by Japan. Jean-Pierre stated in a press conference, "The President is committed to competition because he knows competition means lower costs for consumers and higher wages for workers." Jean-Pierre also mentioned that, considering the potential regulatory review, she was not willing to disclose the details of the deal. Following these comments, the stock price of the U.S. steel company fell to a daily low, down 3%. (Financial Network)
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