Trump's tariffs have helped steel companies. Workers are still waiting. - News Summed Up

Trump's tariffs have helped steel companies. Workers are still waiting.


New York (CNN) American steel companies are planning to reopen several mills this year, adding jobs across the country, thanks in part to President Donald Trump's tariffs. That includes Fairfield, Alabama, where US Steel said it will resume construction on a furnace that had been halted in 2015, when China started flooding the steel market. People can take a breath for the first time in nearly five years," said Kevin Key, president of the local United Steel Workers union. Many storefronts in the area are still boarded up, and even Walmart left town, Key said. Trump's year-old trade war has succeeded in revitalizing an industry that experienced years of decline as China ramped up production.


Source: CNN February 16, 2019 13:18 UTC



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