Steel Plant Restarting Due to Trump's Proposed Tariffs

But experts still predict damage to US economy
By Michael Harthorne,  Newser Staff
Posted Mar 7, 2018 12:48 PM CST
In this March 25, 2015 photo, unidentified workers leave during a shift change at US Steel Corp's Granite City Works in Granite City, Illinois.   (AP Photo/St. Louis Post-Dispatch, Huy Mach)

(Newser) – US Steel Corp says it will soon restart a blast furnace in Illinois that has been cold for over two years thanks to the 25% tariff on imported steel announced by President Trump last week, Politico reports. US Steel President David Burritt blames "unending waves of unfairly traded steel products" arriving in the US for the poor fortunes of steel workers in Granite City. He believes the planned tariff will turn that around. Restarting the blast furnace at Granite City Works will take up to four months. And while some believe Trump's tariffs on steel and aluminum will be political winners, many experts are predicting harm to the US economy. Here's what you need to know:

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