Economic Divide: Nippon Steel takeover bid

Throughout the decades, many nations' industrial output has given way to China's manufacturing output.

US manufacturers continue to go bankrupt, yet fail to cede to outside bidders due to national security, even if it hurt them financially.

Meanwhile, outdated technology will claim more manufacturers in the US as the US scrambles to increase manufacturers' productivity and bottom line.

This episode of Economic Divide examines the above in the context of Nippon Steel's takeover of US Steel and the Biden administration's rejection of it.