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A mixed assessment of steel, aluminum tariff plan

Joe Mont | March 7, 2018

By now, the world has certainly heard about President Donald Trump’s plan to impose tariffs on U.S. imports of steel and aluminum. As envisioned by Trump, tariffs of 25 percent on steel and 10 percent on aluminum would be imposed globally.

Domestic views of the plan remain mixed at best.

The world of steel, as expected, has cheered the potential move. On March 7, United States Steel Corporation responded with an immediate promise to ramp-up production. It will restart one of two blast furnaces and the steelmaking facilities at its Granite City Works, an integrated steelmaking plant in Granite City, Ill. 

“The additional capacity will support anticipated increased demand for steel in the U.S. from the pending action announced by President Trump on March 1, 2018, as a result of the U.S. Department of Commerce national security investigation on steel imports,” it says.

“Our Granite City Works facility and employees, as well as the surrounding community,... To get the full story, subscribe now.