Here’s a story the left-wing media and Democrats will ignore: America is building steel again, on a scale not seen in generations.
On Monday, President Donald Trump announced from the Oval Office that Mesabi Metallics will build a $15 billion steel mill in eastern Iowa. It will reportedly be the largest steel plant in American history, and in the president’s own words, this steel will be “mined, melted, and made right here in the USA.” The White House projects 1,750 permanent jobs, up to 6,000 construction jobs, and a whopping $95 billion boost to the U.S. economy in its first decade alone. Even better, the iron ore will come from Mesabi’s new mine in Minnesota, the first new iron ore mine in America in half a century.
These are some of the tangible benefits of reindustrializing America, but there is something deeper going on as well. Great countries make things. Strong and stable superpowers can produce for themselves the goods crucial to national security, such as steel, chips, and medicines.
As Trump put it, “Soon after my inauguration, I imposed powerful 50% tariffs on all foreign steel, and now, our steel industry is roaring back to life.”
For decades, the permanent political class in Washington let China dump cheap, subsidized steel into our markets. Predatory Chinese Communist Party trade practices hollowed out mill towns across the Rust Belt. Under Trump-Vance, though, those days are over, thank goodness.
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