And, there go the jobs

January 28:



They didn't build any new plants.  Billions weren't paid to our treasury.  The steel industry has not been revived.

Today:

In mid-June, the company said it would idle two blast furnaces at its Great lakes [Michigan] and Gary [Indiana] Works plants, citing lower steel prices and softening demand.

U.S. Steel said the lay-offs at the Michigan plant could last beyond six months. They will impact nearly every area of the facility, from blast furnace to finishing operations, a company spokeswoman told Reuters.

The lay-offs call into question claims President Donald Trump has made about the resurgence of the domestic steel industry. Last week in Pennsylvania, Trump said his 25% tariff on foreign imports has turned a “dead” business into a “thriving” enterprise.

[...]

U.S. Steel’s stock price has plunged 73% since March 1, 2018, when Trump announced his decision to crack down on foreign imports.

  CNBC

...but hey, do what you want...you will anyway.