Trump Pledges to Double Tariffs on Foreign Steel to 50%
This kind of constant policy churn makes any kind of capital investment in the US impossible.
https://www.nytimes.com/2025/05/30/us/politics/trump-steel-tariffs-nippon.html?unlocked_article_code=1.LE8.wS0k.uobf3gVBYlhhOpen linkView original on slrpnk.net
wp:List of countries by steel production
Apparently Japan produces more steel than the US, and China produces 6x as much as both put together; and the US accounts for less than 5% of world production.