Trump is right on tariffs — Thats why he was elected
President Trump is simply doing what he said he would do during the presidential campaign protecting American workers and safeguarding our national security, all at the same time.
The Trump administration, in fact, has a clear and important goal in mind: to protect U.S. jobs and industries that we must have in this country for vital national security reasons.
First, as Peter Navarro pointed out recently to Fox News, the U.S. aluminum industry is down to less than 10 percent of fulfilling our own domestic demand. Six smelters have stopped production since 2013, leaving our nation with only five remaining.
And only two of those smelters are in actual working order. Our steel industry has shed thousands of jobs for decades, and is under real threat of someday being destroyed in the coming years unless it is protected in some reasonable way.
Second, our nations security is at stake if these industries were to disappear. As one senior White House official explained to me just this week, this could be a matter of life or death for our country.
US Steel refused to upgrade to the latest technology and dug their own grave. They’re going to start up a blast furnace for 500 union jobs? Pitiful.
Freekin start from the top in technology, and try to catch up. Probably too late, but this isn’t about trade, this is about the stupidity of the American steel industry.