Author Topic: 'America First': Largest steel producer in US announces support of Trump tariffs  (Read 115 times)

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Offline libertybele

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'America First': Largest steel producer in US announces support of Trump tariffs

The CEO of the largest steel producer in the U.S., Nucor Corp., endorsed President Donald Trump's tariffs on China, Canada and Mexico, Fox News Digital learned.

"Nucor applauds the first steps taken by President Trump in his America First Trade Agenda," Leon J. Topalian, the chair, president and CEO Nucor Corp., wrote in a statement dated Friday that was obtained by Fox News Digital. "We look forward to working with President Trump to enforce our trade laws and strengthen American manufacturing!"

The subject line of the letter reads, "Presidential Executive Orders on Canada, Mexico, and the People’s Republic of China."

Nucor is based out of North Carolina and serves as the nation's largest steel producer and scrap metal recycler. ............

....The company's CEO recently joined CNBC's Jim Cramer and celebrated Trump's then-upcoming tariffs as tools to end "currency manipulation" and the "subsidization" of steel coming to the U.S. from abroad.

"We saw the memo last Monday on tariffs and what they're going to do," Topalian said Tuesday. "And I think they're going to be far-reaching, and I think they're going to be very broad to, again, stop the illegal dumping, the manipulation, currency manipulation and subsidization of steels coming into the shores of the U.S."............

https://www.foxnews.com/politics/america-first-largest-steel-producer-us-announces-support-trump-tariffs