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U.S. Steelworkers Demand Higher Pay as Tariffs Lift Profits

Posted September 12, 2018

Under Economic Issues, International Trade Issues


(Bob Tita – Wall Street Journal)

Workers at two of the biggest U.S. steelmakers are demanding higher compensation as tariffs on foreign metal push prices and profits to their highest point in years in a buoyant economy.

Leaders for some 30,000 members of the United Steelworkers union say United States Steel Corp. and ArcelorMittal SA aren’t passing those benefits to their workers, who have gone without raises in recent years even as wages have started to climb more broadly.

President Trump has said the 25% tariff his administration placed on steel imports earlier this year aimed to bring back good-paying blue collar jobs. “The steel industry is one of the great things to be talking about,” Mr. Trump told a crowd in North Dakota last week. “The manufacturing jobs are back.” Click here to read more.

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