More Layoffs, Falling Stock Prices Show How Trump's Tariffs Have Harmed American Steelmakers
A Michigan steel plant annnounced it's closing at the end of the year, while U.S. Steel stocks are down 75 percent since Trump's tariffs were announced.
steel industry
At Least 80 Workers Are Losing Their Jobs at This Pennsylvania Steel Plant. Tariffs Are To Blame.
Trump's steel protectionism seems to have failed. Again.
Two Solar Companies Said Tariffs Would Save Their Businesses. They Went Broke Anyway.
Who could have seen that coming? Well, lots of people did—but the U.S. International Trade Commission and President Trump didn't listen.
As U.S. Steel Slows Production, It's Time To Stop Pretending Tariffs Work
The biggest American steelmaker says there has been reduced demand for their products in recent months, probably because they raised prices after Trump slapped tariffs on foreign steel.
Trump's Tariffs Aren't Even Helping Steelmakers
Nucor's stock price is down 16 percent since August. Executives say the fourth quarter will be even worse.
Protectionism vs. Cheap Beer
If you tax something, you get less of it, and Trump's tariffs are a tax on making things-including cans, kegs, and the beer that goes into them.
The Economic Case for Free Trade Is Stronger Than Ever
But working-class identity politics threaten to ruin everything.
This American Metalworking Company Is Already Paying Up to 30 Percent More for Steel Thanks to Trump's Tariffs
"Those are traumatic increases. They are shocks to our system," says Mike Schmitt, CEO of The Metalworking Group, an Ohio-based manufacturer.
4 Bad Arguments for Trump's New Tariffs
When it comes to trade, the president believes a lot of nonsense.
Stossel: Trump's Steel Tariffs Will Hurt Americans
John Stossel says voluntary, free trade improves lives.
A Matter of Steel Industry Security
Steel imports are no more a threat to U.S. national security than imported sugar or lumber or tulips.
