Just months after the mainstream media slammed President Trump’s stiff tariffs on steel and aluminum for provoking a devastating “trade war” with China and Canada, US steel workers are now poised to receive their “biggest pay raise” in years.
According to Reuters, “United States Steel Corp workers are set to get the biggest wage jump in at least six years under a new deal negotiated with the company, providing early signs that gains from U.S. President Donald Trump’s clampdown on foreign imports are finally trickling down.”
“Trump’s restrictive trade policy, coupled with a strong economy, has sent domestic steel prices soaring, helping U.S. Steel post a near 60 percent increase in pretax profits in the June quarter,” adds the article.
Canada pushed back against the Trump administration’s tariffs in recent days; unveiling their own 25% tax aimed at American-produced steel products.
Read the full story here.
'WE'RE BACK': Steelworker Brought to TEARS While Discussing President Trump
A steelworker in Granite City, Illinois became emotional when asked to comment on the President’s pro-America speech Thursday night; breaking down into tears and thanking Trump for “fighting for us.”
The unnamed worker was asked to comment on the Commander-in-Chief’s fiery remarks as left the rally, saying “it’s just nice to know that we have someone fighting for us.”
MUST-SEE: Steel Worker Brought to Tears While Talking About How Trump Has Helped American Workers https://t.co/bCDmcyBSFK
— Fox News (@FoxNews) July 27, 2018
“This guy was stopped by a reporter on his way out, and he got emotional at the idea that jobs are coming back for the folks that live in that city,” said Fox. “What is the one thing you’ll take with you from his speech today?”
“Sounds like we’re going to do good. It’s just nice to know that we have someone fighting for us, to keep our jobs. It was rough for a lot of us,” said the steelworker. “We’re back.”
AMERICA FIRST: Trump Announces STEEL IMPORT TARIFFS
President Trump unveiled stiff import tariffs on steel and aluminum Thursday, making good on his campaign promise to rebuild American industry in the face of cheap and unregulated foreign goods.
The President announced the new trade guidelines during a meeting with industry experts, many of whom told the President it was nearly impossible to compete with underpriced metals flowing into the country from Asia.
“What’s been allowed to go on for decades is disgraceful,” Trump told industry leaders. “And when it comes to a time when our country can’t make aluminum and steel, and somebody said it before and I will tell you, you almost don’t have much of a country. Because without steel and aluminum, your country is not the same. We need it. We need it even for defense.”
“We need great steel makers. Great aluminum makers for defense. So, we will probably see you some time next week. We will be signing it in. You have protection for the first time in a long while and you are going to regrow your industries. That’s all I’m asking. You have to regrow your industries,” added the President.
Watch the President’s comments above.