Despite Section 232 global steel tariffs and quotas on European raw steel, imports of steel slabs and steel products like steel rebar are up. The surge is eating into domestic producer market share, and companies are closing shop.
America’s steel industry supports millions of American workers and is the backbone of critical industries. By imposing tariffs on steel imports and its derivatives, Trump can restore America’s industrial strength and secure a prosperous future for workers.
The U.S. Private Sector Job Quality Index (JQI) is now 84.04, down by 0.49% compared to last month. This continues the multi-month JQI decline trend. Meanwhile, the overall January 2025 Jobs Report from the government’s Bureau of Labor Statistics showed 143,000 jobs added in January.