“When he imposed the tariffs, when President Trump imposed the tariffs, that was a shot in the arm for the steel industry. It created thousands of jobs. We’re the most efficient steelworks in the world today,” he said.
Glyptis said that previous administrations ignored the steel industry while the industry suffered enormous job losses.
“So, when the tariffs were imposed, it gave us an opportunity to compete against the rest of the world on a fairer basis. So it’s created jobs and the industry right now is doing very, very well,” Glyptis said.
“If I build a wall, and the wall is made out of steel instead of concrete, I think people will like that. And here’s the other good thing, I’ll have it done by the United States steel corporation, by companies in our country,” Trump said.
Glyptis responded, saying: “If the wall’s built out of steel, obviously it’s going to create additional jobs. It’s going to improve our economy. Good things will happen. And it’ll be a great way to secure the border.”
The mill will create around 400 new jobs, according to Nucor’s CEO John Ferriola. He said the expansion was due to Trump’s policies.
“This administration is taking the decisive and meaningful actions that American manufacturers need to compete on a level playing field,” Ferriola said in a statement.
“Tax reform continued improvements to our regulatory approach, and strong trade enforcement are giving businesses like ours the confidence to make long-term capital investments here in the U.S. that create jobs and ensure our success for decades to come,” he said.
“The evidence is that the tariffs are working. Economic growth is up, inflation is under control, many of the tariffed industries are enjoying strong recoveries in output, profits, and employment,” Jeff Ferry, the CPA’s research director, said in a statement.