- Cleveland-Cliffs is laying off workers in Michigan and Minnesota as the steelmaker attempts to mitigate the knock-on effects of the Trump administration’s tariffs on steel and auto imports.
- The company plans to idle some operations at its Dearborn, Michigan, plant due to falling automotive demand, leading to 600 job cuts, according to an emailed company statement. -Cleveland-Cliffs will also idle operations at two iron ore mines in Minnesota, resulting in 630 layoffs.
- “These actions will allow the company to operate more efficiently and in a more cost competitive way for the current market environment,” the company said in its statement. “We believe that, once President Trump’s policies take full effect and automotive production is re-shored, we should be able to resume steel production at Dearborn Works.”
https://www.manufacturingdive.com/news/cleveland-cliffs-layoffs-canada-metal-nucor-steel-tariffs-trump/743772/