Remember, tariffs are all bad
SYDNEY—An Australian steelmaker said it will spend roughly US $700 million to expand its U.S. business, joining American rivals that have outlined plans to add capacity locally in the wake of President Trump’s import tariffs.
“We continue to be attracted to the U.S. as a place to build our business,” said BlueScope Chief Executive Mark Vassella.
SYDNEY—An Australian steelmaker said it will spend roughly US $700 million to expand its U.S. business, joining American rivals that have outlined plans to add capacity locally in the wake of President Trump’s import tariffs.
“We continue to be attracted to the U.S. as a place to build our business,” said BlueScope Chief Executive Mark Vassella.