Trump steel tariffs bring job losses to swing state Michigan.
'President Donald Trump promised a new dawn for the struggling U.S. steel industry in 2016, and the lure of new jobs in Midwestern states including Michigan helped him eke out a surprise election win.
Four years later, Great Lakes Works - once among the state’s largest steel plants - has shut down steelmaking operations and put 1,250 workers out of a job. A year before the June layoffs, plant owner United States Steel Corp called off a plan to invest $600 million in upgrades amid deteriorating market conditions. . .
But higher steel prices resulting from the tariffs dented demand from the Michigan-based U.S. auto industry and other steel consumers. And the Trump administration has never followed through on an infrastructure plan.
Michigan’s heavy reliance on the steel and auto industries puts Trump’s trade policy in sharp focus ahead of the Nov. 3 presidential election in this battleground state. . .
Nationally, the steel industry has been shedding jobs for the past year - since before the wider economic downturn caused by the COVID-19 pandemic - and now employs 1,900 fewer workers than it did when Trump took office, according to U.S. Labor Department data.'>>>
https://www.reuters.com/article/us-usa-election-steel-insight/trump-steel-tariffs-bring-job-losses-to-swing-state-michigan-idUSKBN26U161?
