Donald Trump made a big deal during his campaign and his early months in office about how he was going to bring American steel back. It was a joke then and now we have the numbers on how much of a joke it was:
Ten months after his Keystone event, Trump has yet to deliver on his pledge to boost the fortunes of American steel. Two self-imposed deadlines for trade action, one in June and one in July, have come and gone. Meanwhile, the prospect of tariffs has led to a surge of cheap foreign steel into the U.S., with imports rising 24 percent in 2017, the fastest increase in years.
That’s Donald Trump all over. Big promises, less than zero results. Negative results, even.