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'Disappointing and devastating': Steel manufacturer fires workers and blames Trump tariffs

One steel manufacturer in the Midwest has announced it will be laying off hundreds of workers as a result of President Donald Trump's tariffs.

The Minneapolis Star-Tribune reported Thursday that 630 steelworkers in Minnesota are about to lose their jobs. Steel manufacturer Cleveland-Cliffs, which is based in Ohio, announced that the layoffs will be at the company's operations in the Minnesota towns of Hibbing and Virginia. Those facilities specialize in steel pellets used in auto manufacturing, and Cleveland-Cliffs said they will be subjected to "temporary idles" in order to "rebalance working capital needs and consume excess pellet inventory produced in 2024."

Earlier this month, Trump announced he would be imposing new 25% tariffs on imported steel and aluminum. The Star-Tribune reported that while steelmakers like Cleveland-Cliffs expect a boost to their business as a result of the higher prices on their foreign competitors, the auto industry is still largely unprepared to shift production to the United States with new tariffs on imports from Canada, China and Mexico fast approaching in April.

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Larry Cuffe Jr., who is the mayor of Virginia, Minnesota, told the Star-Tribune that the news of the layoffs was "disappointing and devastating." He added that he was unable to