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US Steel Tariffs Draw Fire as Higher Costs Hit Manufacturing, Construction and Jobs

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US 19 Mar 2026 12:18 PM IST Recyclingtoday

 Fresh criticism of US steel tariffs is building as manufacturers and builders warn that higher metal prices are squeezing budgets, delaying projects and weakening hiring. Industry groups say rising costs and tariff uncertainty are making it harder to keep projects and production on track, even as steelmakers argue the measures support domestic investment. US steel production was up 4.9 percent year to date through March 14, 2026, but weekly output had declined for three consecutive weeks, adding to concerns about softer demand and broader economic strain. The bigger question now is whether tariffs will truly revive American industry or deepen pressure on steel-consuming sectors.