Sechel

Trump's struggle to revive the rust belt

But other than pursuing a protectionist agenda aka tariffs, what policies is he pursuing to improve the competitiveness

In recent months, AK Steel of Ohio has shut a facility in Kentucky, and Bayou Steel of Louisiana has filed for bankruptcy.

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thimk
thimk

Bayou steel may have been asset stripped by private equity , a shame .

Sechel
Sechel

I would like to see Trump organize a think tank and outline what competitive steps American steel would need to take to close the gap. Not a fan of using tax policy this way generally but short term program of tax credits is certainly better than tariffs. If they don't take advantage they deserve to fail. America isn't a socialist country.


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