US Steel To Reopen Idle Plant Thanks To Trump Tariffs

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US Steel To Reopen Idle Plant Thanks To Trump Tariffs

"U.S. Steel will reopen an idle plant in Illinois in anticipation of increased domestic demand following President Trump's announced 25% steel and 10% aluminum tariffs. The steelmaker will be calling 500 employees back to work to the plant - which was set on idle status two years ago as a flood of cheap imported metals have pushed down domestic steel prices. 

"We're really excited to be able to tell our employees in the community in Granite City, Illinois, that we will be calling back 500 employees," said CEO David Burritt in an interview with CNBC's "Squawk Box." ......

https://www.zerohedge.com/news/2018-03-08/us-steel-reopen-idle-plant-due-trump-tariffs

Entry #3,736

Comments

Avatar JAP69 -
#1
MAGA

Trump sure is brilliant.
Avatar eddessaknight -
#2
Recovery in full swing into Spring :-)
Avatar konane -
#3
Thanks JAP. Indeed he is. I so admire a president with spine. More refreshing than a york peppermint patty.
Avatar konane -
#4
Thanks Eddessa. Wonderful to have money coming back into the country and putting people back to work.
Avatar sully16 -
#5
The more he fixes, the more I realize just how much damage T44 did to this Country.
Avatar konane -
#6
Thanks Sully. It's been a slow rot for 30 years accelerated to the speed of light for T44's tenure in office.
Avatar lejardin -
#7
What a great job President Trump is doing. He is not afraid of anything or anybody. Go Trump!
Avatar konane -
#8
Thanks Lejardin. He has us many deplorables in the fly over states supporting him. ;)

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