Speaking at the U.S. Steel Irvin Plant, President Trump trumpeted the investment partnership between U.S. Steel and Japan’s Nippon Steel, as well as a major tariff escalation on foreign steel. The measures, he declared, would “secure American steel for generations” and reinstate Pittsburgh’s status as the “Steel City.” The President also declared a new increase in tariffs on foreign steel from 25% to 50%, calling it a necessary move to protect the domestic industry.
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