Wow, a US President actually looking out for American Citizens?! That hasn't happened in awhile. WTG Trump!
United States Steel Corp. 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.
The steelmaker said it also plans to call 500 employees back to work at the Granite City mill. U.S. Steel idled its blast furnaces there two years ago as a flood of cheap imports pushed down domestic steel prices. Steel producers have been hurt in recent years by increasing competition from foreign competitors, particularly China, that have ramped up production at lower prices...
U.S. Steel to Restart Illinois Plant Operations Amid Trump’s Tariff Plans
DRUDGE REPORT 2018®
Woo--Hoo 500 jobs while killing the rest of the economy. Starting a trade war in the process.
Tariffs and taxes have never created a single job in this country, but they're great for job loss's. The offended country will always install their own tariffs on American products. Therefore skyrocketing prices to consumers. The Federal Reserve jumps in raises interest rates to combat inflation. Consumers tuck in on their spending & borrowing and then comes the job layoffs--(across every industry.)
You have elected an ECONOMIC MORON!
The European Union has already responded to this tariff.
EU leader responds to Trump’s tariff plan: ‘We can also do stupid’
Canada
Five principles for a Canadian response to U.S. tariffs
What do you people think is going to happen to American exports? You know like General Motors, General Electric and every other corporation that exports products overseas, including lots of farmers?
Is 500 jobs that will dramatically slow down the economy worth it? Will there be any people left to buy steel after Trump is done?
The Great Depression Lesson About ‘Trade Wars’
Time for fair trade again. Time to help American Workers out for a change. When or if China, Europe, and others are willing to end their tariffs and restrictions, i'll be willing to talk again. Till then, it's time to revive our Steel Industry and other US industries that were decimated by the Globalists.
Those workers in steel using industries are Americans too. The consumers who will pay more are Americans too. You apparently want to screw those Americans.