Trump says steel tariffs will double
Digest more
An Ohio Congressman visited one of the last steel making mills in the Ohio Valley 7News got to go behind the scenes at the JSW Steel plant in Mingo Junction, Ohio, along with U.S. Representative Michael Rulli and CEO Rob Simon.
President Donald Trump travels to Pittsburgh Friday to celebrate a deal he once vowed to oppose - Japanese steelmaker Nippon Steel’s long-announced plans to buy iconic American steelmaker US Steel.
This deal shows Trump was willing to look past his own preconceived ideas of what U.S. Steel should look like and toward the reality that billions of dollars of investment in well-paying steel jobs in the Rust Belt was too much to pass up.
President Donald Trump gave remarks at the U.S. Steel Corporation in West Mifflin on Friday. During the event, Trump announced the tariff on imported steel will double to 50%.
President Donald Trump said the deal includes protections that ensure that all U.S. Steel operations will remain open and all steelworkers will keep their jobs. Nippon Steel committed to keep all blast furnaces operating at full capacity for at least 10 years.
What remains of U.S. Steel's footprint locally is centered in the Mon Valley. With the sale to Nippon on the table, many local leaders are pondering what the future looks like either with or without U.
Vice President Vance told good story about his grandfather working at Ohio steel mill, but steel trade and tax policy should be based on evidence, not nostalgia