
The tariff strategy was not enough to preserve the jobs of 1,500 steel workers in the Detroit area who are being laid off by U.S. Steel.
The Great Lakes Works in Ecorse and River Rouge, Mich., will have three portions of its operations drawn down with iron and steelmaking operations ceased by April 1.
The company also reported a reduction in its dividend after reporting in October its first quarterly loss since the implementation of the tariffs in 2018.
Read the full story on CNN.
Related News
- SMART-TD Applauds FRA and DOT for Strengthening Cross-Border Rail Safety Protections
- Regional Training Seminars coming to St. Paul, Baltimore in 2026
- Transit Funding Boost Proposed by SMART-TD Backed Bill
- California SMART-TD Brother Killed on the Job
- Union Mourns the Loss of Brother Charles Harrison
- FRA Issues Grade-Crossing Safety Advisory
- Amtrak To Give SMART-TD Members Holiday Bonuses
- SEPTA Strike Avoided: Strong Agreement Secured
- Posthumous Retirement Ceremony Honors Lost Brother
- SMART-TD: Built by Members, Driven by Your Voice