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From Slate.com: Did Trump’s Tariffs Force a Steel Company into Bankruptcy?

October 2, 2019 by Chris Casey

Oct 1, 2019 – In an article today in Slate.com, author Jordan Weissmann wonders whether Trump’s Steel Tariffs have in fact caused more harm than good. As evidence, Weissmann references the recent announcement (Oct 1) that Bayou Steel Group is closing two steel mills, one in New Orleans (400 workers) and Harriman, TN (72 workers). Bayou Steel is seeking Chapter 11 bankruptcy relief, and cites a “severe lack of liquidity,” as contributing to the decision to file for bankruptcy.

Filed Under: news

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