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VP Vance says U.S. is launching an ‘industrial renaissance’ in visit to South Carolina steel plant

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VP Vance says U.S. is launching an ‘industrial renaissance’ in visit to South Carolina steel plant - Fortune

Quick Summary:

Nucor Steel's corporate leaders have cheered Trump's tariff policies, which have shaken the global economy and proved less popular with other business leaders.

Vice President JD Vance visited a steel plant in South Carolina on Thursday as he heralded the launch of an “industrial renaissance” in the U.S., in part due to President Donald Trump’s moves to boost domestic industry.

Trump signed a memorandum in 2020 directing the interior secretary to prohibit drilling in the waters off both Florida coasts, and off the coasts of Georgia and South Carolina, until 2032.


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Article Details

Author / Journalist: Meg Kinnard, The Associated Press

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-02 @ 10:18:38 (1 days ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 668 words

Reading Time: 4 minutes read

Sentences: 5 lines

Sentence Length: 134 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 28319454

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Official Website: fortune.com

Update Frequency: 20 posts per day

Year Established: 1929

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News Last Updated: 8 hours ago

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