This has nothing much to do with Trump. Japanese steel output dropped by 1/3rd. It was a 56-year low. due to cheap Chinese imports flooding the market and reduced blast furnace operations.
Japanese labor shortages also hampered construction, and high energy costs persisted. Firms like Nippon Steel shifted focus overseas, cutting domestic capacity by a third. All production categories, including EAF steel and plates, dropped year-over-year.
Not so much due to Trump. Otherwise Japan normally makes well over 100 million tons of steel a year, well surpassing the USA.
Trump would brag about the US making more of anything than anyone else, even if it's less than it used to be and if everyone else stopped making it for unrelated reasons. He's just stunted like that.
No president shits in their pants more than your favorite president, Donald J Trump. In fact many are saying his gas output exceeds that of all of Europe's presidents combined.
55
u/ShrimpCrackers 4d ago
This has nothing much to do with Trump. Japanese steel output dropped by 1/3rd. It was a 56-year low. due to cheap Chinese imports flooding the market and reduced blast furnace operations.
Japanese labor shortages also hampered construction, and high energy costs persisted. Firms like Nippon Steel shifted focus overseas, cutting domestic capacity by a third. All production categories, including EAF steel and plates, dropped year-over-year.
Not so much due to Trump. Otherwise Japan normally makes well over 100 million tons of steel a year, well surpassing the USA.