TRUMP WILL UNVEIL PLANNED $15 BILLION IOWA STEEL PROJECT
President Donald Trump will announce on Monday a Minnesota company's plan to build a $15 billion steel mill in Iowa, a White House official said, giving the administration a marquee manufacturing investment to showcase as Republicans head into the November midterm elections.
Trump is expected to unveil the project at the White House with executives from Mesabi Metallics, which recently opened Minnesota's first new iron ore mine in 50 years. The announcement comes as Trump seeks to bolster his economic record ahead of November's midterms, with his Republican party confronting voter concerns about inflation and the cost of living. Trump has made tariffs and a revival of US manufacturing central to his economic agenda, arguing that higher barriers to imports will drive investment and jobs back to the United States.
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