Key Takeaways
- Donald Trump vows to block Japan from buying US Steel using the Defense Production Act.
- The Defense Production Act allows the President to invoke emergency powers to ramp up production of essential products.
- Donald Trump’s plan to block Japan from buying US Steel is a key part of his presidential campaign to protect American industries and jobs.
Washington: Former US President and Republican candidate Donald Trump vowed on Monday to block Japan from buying US Steel once he is back at the White House.
“Upon taking office, I will invoke the Defense Production Act wherever it’s necessary to very quickly ramp up capacity of essential products, and I will stop Japan from buying United States Steel,” Trump said in his remarks during a campaign event in York, Pennsylvania.
