Washington – President Donald Trump said on Wednesday his tariffs on foreign steel are saving the U.S. industry and he predicted that in the future American steelmakers will mostly face domestic competition, the Wall Street Journal reported.
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In a 20-minute interview with the newspaper, Trump said some people may complain that steel prices may be “a little more expensive” in the short term because of the tariffs, but that ultimately they will drop. (https://on.wsj.com/2KYrku2)
He told the Journal the 25 percent tariffs on steel will rescue an industry important to U.S. national security.
As a result of the tariffs, competition will be “internal, like it used to be in the old days when we actually had steel, and U.S. Steel was our greatest company,” he told the newspaper.
For those wondering that’s what make America great again means . The fake news will have you believe it means reintroduce Jimmy crow laws etc . That’s a lie a complete lie and you all know it . It means make old Americans companies and industries thrive again
IF he is saving the steel industry
THEN
why does he have to LIE about U.S. Steel.
TRump, June 6, 2018, Minnesota: TRump said the company would open six major facilities at a roundtable
TRump, June 26, Washington DC: TRump said the company would open six major facilities at a lunch with members of Congress on June 26.
TRump, July 31, Tampa, FL: “U.S. Steel just announced that they are building six new steel mills” “And that number is soon going to be lifted, but I’m not allowed to say that, so I won’t.”
TRump, Aug 03, 2018, Pennsylvania: · TRump hypes 7 new U.S. Steel plants during a campaign speech
THAT IS A LIE. US STEEL IS NOT CREATING ANY NEW PLANTS.
COMPLETE LIE, and you know it.
I guess his use of Chinese steel to build his bankrupt Atlantic City casino was his way of saving the Chinese steel industry.