Kevin O’Leary: Biden Blocking Takeover Bid of U.S. Steel by Japan’s Nippon Is a Mistake

EXCERPT:

O’LEARY: “This is a mistake. Let me explain why. You know, you want to make America the number one destination for capital all around the world. And you want to grow that. And you want them to bring their dollars and build plant and equipment in the United States because it's the most competitive and largest economy. You do not want to mess with that. This is messing with that. This is a government picking in winners and losers, one specific company over another. Nippon already said they'd invest 14, 15 billion, leave the plant upgraded, enhance the job situation, make sure the steel minimums are provided for. And that's what you want. And I hope that actually Trump overturns this, because remember, he just shook hands on $100 billion just 10 days ago from SoftBank. That's money coming in. The number one export of the United States is not steel, it's the American dream. You should always want your money here first. That's the whole idea. This is counter to that. I don't like it. I hope it gets overturned. It's a bad message.”