Trump announces $15B steel mill in pivotal Iowa as victory for tariff policy
President Trump on Monday celebrated the biggest trophy yet for his tariff agenda: a Minnesota company's plans to build a $15 billion steel mill in Iowa, where midterm voters are being promised the first new steel plant built in the U.S. in 57 years.
TL;DR
- A $15 billion steel mill is planned for Iowa.
- The project is seen as a success for President Trump's tariff policy.
- This would be the first new steel plant built in the U.S. in 57 years.
- The company planning the mill is based in Minnesota.