IN Steelmakers Push Feds to Preserve Trump era Tariff Policy / Public News Service
Indiana steel producers are pushing President Joe Biden to leave in place a tariff on foreign-made steel adopted during the Trump administration. In 2018, former President Donald Trump placed a 25% levy on imported steel, in a bid to stabilize domestic production. Nathan Fraser, vice president and general manager of Nucor Steel Indiana, said the move gave companies confidence to reinvest in their operations, including a planned $290 million expansion of Nucor's Crawfordsville plant. ...