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Reason
Reason
Reem Ibrahim

Trump's Iowa Steel Mill Is a Win for Steelmakers. What About Everyone Else?

President Donald Trump introduced sweeping tariffs last spring, boasting of how they would bolster American manufacturing. On Monday, just over a month before Americans head to the ballot box for the midterms, Trump announced a Minnesota company's plan to build a $15 billion steel mill in Iowa.

"Mesabi Metallics will be building the largest steel plant in American history," Trump said in a press conference at the Oval Office. "Once completed, Mesabi Metallics' new steel plant will produce 10 million tons of steel per year using iron ore from the company's Minnesota mine."

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