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
- NTS Day 3: Railroad safety improvements driven by member reports
- NTS Day 3: America’s transit safer because of union member efforts
- TD NTS: STB chair and vice chair address officers, assure labor will have input
- TTD president: Labor needs to stick together to maintain progress
- TD National Training Seminar begins; officers train to confidently represent union members
- SMART-TD transit union conducts first Bus/Transit Day on the Hill
- Chairperson ensures that new bus members get what’s owed to them
- LACMTA reconstitutes in-agency police force to protect workers, riders
- Open enrollment for the SMART-TD VLTD and VLIFE plans begins for rail and bus members
- SMART-TD excited to welcome Coaster to its passenger rail/commuter family