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Trump Touts Tariffs On Steel, Claims He 'Saved' US Steel From China 'Dumping' Steel Into US Market
Forbes Breaking News
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6/2/2025
At a rally in West Mifflin, Pennsylvania on Friday, President Trump spoke about the deal between U.S. Steel and Nippon.
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00:00
And I want to thank a man that I saw right at the beginning of this whole thing, during my first
00:09
term, as we call it, U.S. Steel President Dave Barrett. Dave, thank you very much, wherever you
00:15
may be. Wherever you may be. Thank you, Dave. And he came to the White House and he said,
00:24
sir, we're in trouble. We need help. He was put there to save the company, right? I remember it so
00:31
well. Like yesterday, he was put there. They hired him to save the company. And he came up and he said,
00:38
we need help, sir. I said, what can we do? Because all the steel companies were going south. They
00:44
were all in trouble. He said, if you could get tariffs, sir, and save this company. And I thought
00:50
about it. I studied it up real quick. It took me about two minutes. And I said, Dave, I think we're
00:55
going to make you very happy. And we did make you happy, didn't we? We saved the company. We put
00:59
25 percent tariffs on your, on your company. So we had protection. We were protected from outside
01:08
horrible influence, including dumping, where they were dumping steel all over the United States. And
01:14
we saved it. It was a great honor. And Dave was really the first one that brought it to my attention.
01:18
And I appreciate it, Dave. You did a good job. You did a good job.
01:25
He more than saved the company. He made the company great. This will be a great company in a
01:29
very short period of time. Also, the vice chairman of Nippon Steel, Takahiro Mori. Takahiro,
01:36
thank you very much. He's a great guy, highly respected. He's highly respected all over the world for what
01:45
he's done with steel. He's going to make this his, this is going to be his pet project. It's going to be
01:50
great. Thank you, Takahiro. Appreciate it.
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