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Protectionist tariffs hamper U.S. growth: former U.S. trade representative

Former USTR Charlene Barshefsky says, “The United States imposed protectionist tariffs that…failed to invest in domestic infrastructure…” The reality: Nucor will spend more than $2 billion to add over 2.6 million tons of capacity. US Steel announced it is spending $1.2 billion on a new kind of steel mill that turns molten steel directly into thin sheets of steel on rolls…the first in the country and one of only a few in the world. “We’re now pivoting from playing defense to offense,” said CEO David Burritt.

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