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U.S. Steel to Restart Illinois Plant Operations Amid Trump’s Tariff Plans

#3
03-12-2018, 07:14 AM

(03-07-2018, 02:25 PM)wrong_box Wrote:
(03-07-2018, 01:59 PM)The Drifter Wrote: U.S. Steel to Restart Illinois Plant Operations Amid Trump’s Tariff Plans

United States Steel Corp. X +3.71% said it would restart a blast furnace in Illinois to handle the higher demand it expects from President Donald Trump’s proposed tariffs on foreign steel.

https://www.wsj.com/articles/u-s-steel-t...1520430223

More jobs? Pretty sure that was an intended aspect of the tariff plan...Making imported Chinese steel price to be competitive to US made steel price so more contractors will by our own steel again and employ more people...

Raising the price of steel for American manufacturers is not going to cause them to employ more people.  Quite the opposite.  They will move plants overseas to avoid the tariffs on steel imported to the US.
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RE: U.S. Steel to Restart Illinois Plant Operations Amid Trump’s Tariff Plans - by The Real Marty - 03-12-2018, 07:14 AM



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