Today for the Washington Monthly I argued that Joe Biden should abandon his opposition to Japanese-owned Nippon Steel taking over U.S. Steel.
As I explain in the article, in recent weeks the higher-minded arguments against the deal have largely been rendered moot. All that remains is short-sighted nationalism that would deprive America, and American workers, of billions in foreign investment.
Meanwhile, Donald Trump is continuing his arguments from the campaign in favor of protectionist, regressive tariffs.