Trump's Second Term

[Resume]

The White House
@WhiteHouse

The LARGEST steel plant in American history
View attachment 76513

 

[Andy_Ross]

deleted

 

[The Great Zaganza]

of course, it would take a decade to actually build...

 

[Resume]

When's he gonna promise us all a pony?

 

[bruto]

When's he gonna promise us all a pony?

We have to eat our way down the pile some more first.

 

[grunion]

For this steel plant to "generate an estimated $95b over the next decade" it will need to remain cost competitive with foreign steel imports, and that will presumably require Trump tariffs to remain in place for the whole decade. How likely does that seem?

…with the additional burden of tariffs on the raw materials (iron ore, coke, ferroalloys) only available from international markets.