A bankrupt aluminum smelter that re-opened in 2018, after U.S. President Donald Trump imposed tariffs on imported metals, is losing money at such a rapid clip that it could close within 60 days, the top executive at the Missouri plant said on Thursday. Trump's trade policies protect the generic aluminum product made by Magnitude 7 Metals LLC, a 50-year-old smelter on the banks of the Mississippi in southeastern Missouri. "The rest of the world has gamed the tariffs, in our opinion," Magnitude 7 Metals chief executive Charles Reali told Reuters in an interview.
Democratic presidential candidates like to boast about their ability to lure away disaffected Republican voters. The deep red state is a bastion of conservative resistance to President Donald Trump. While the president has conquered virtually every other corner of the GOP landscape, his powers just donít work as well here.