Real News

Foreign Steel Surging, American Workers Suffering

While President Trump talks about putting “America First,” Russian steelmakers are getting pipeline contracts – and American steelworkers are getting layoff notices.
Shortly after taking office, Trump signed memos supporting the Keystone XL pipeline, promising, “From now on, we’re going to be making pipeline in the United States.”
But at least a quarter of Keystone’s pipes came from Evraz North America, which supplied the pipeline from its plants in Canada. Evraz’s largest shareholder is a Russian oligarch, Trump family friend, and crony of Vladimir Putin.
In spite of Trump’s tough talk, steel imports to the United States went up by 19.4 percent during the first 10 months of 2017, according to the American Iron and Steel Institute. Meanwhile, the Trump Administration has delayed its plans to take strong measures to reduce imports, which has encouraged foreign producers to increase imports before any tariffs take effect.
One result: layoffs, such as the loss of 150 of 207 jobs at the ArcelorMittal mill in Conshohocken, PA, in September.

Categories: Real News, Russia, Trump