Trump pushed 50% steel tariffs -- now his $400M White House ballroom may be built with steel from European
As President Donald Trump continues to push tariffs aimed at strengthening the U.S. steel industry (1), a new report suggests his own White House renovation may rely on donated materials from outside the country.
According to The New York Times (2), the project could include tens of millions of dollars worth of foreign-produced steel for his planned $400 million ballroom, citing two anonymous sources familiar with the plans.
The steel is reportedly being supplied by Luxembourg-based ArcelorMittal and produced in Europe (3) despite Trumps repeated emphasis on using domestically made materials. The president previously said he had been offered $37 million worth of donated steel for the project but did not disclose its origin (4).
White House spokesman Davis Ingle told the Times that the project is being completed at no cost to the taxpayer. However, the sourcing has raised questions about how closely the project aligns with the presidents broader trade stance.
https://finance.yahoo.com/economy/policy/articles/trump-pushed-50-steel-tariffs-161500242.html