IPFS News Link • Economy - Economics USA
US Steel Corp to Pour $1 Billion Into Pennsylvania Operations
• arcleinTrump's tariffs on imported steel and other efforts to boost American manufacturing have helped to revitalize a steel industry that has been in decline for decades. The billion dollar investment comes as the White House on May 3 touted a number of positive economic indicators, including a strong jobs report for April with the addition of 263,000 new hires and a declining 3.6% unemployment rate.