Trump cuts threaten massive steel plant in JD Vance's hometown: 'Makes no sense' [View all]
Source: Raw Story
April 8, 2025 3:05PM ET
Even though one of the goals of President Donald Trump 's trade war is to revive U.S. manufacturing, his administration is slashing a key program meant to help modernize plants across the country including in Vice President JD Vance's hometown of Middletown, Ohio.
New reporting from CNN says the Trump administration has frozen $6.3 billion in Biden-era grant programs that would have allowed large industrial companies to upgrade their equipment. In the meantime, Elon Musk's DOGE will decide what it will allocate, if anything, to companies like "steel giant" Cleveland-Cliffs.
According to CNN, the company was slated to receive a $500 million grant to upgrade its blast furnaces.
"The new furnaces which run on climate-friendly hydrogen, natural gas and electricity instead of coal would have extended the life of the plant and given the steel company a foot in the future," the article stated.
Read more: https://www.rawstory.com/makes-zero-sense-trump-cuts-to-manufacturing-industry-target-vp-vance-s-ohio-hometown/