Government Shutdown Is a Double-Whammy for Nail Maker Hit by Tariffs
- Mid-Continent Steel can’t receive exclusions amid shutdown
- It’s ‘kicking us while we’re already down,’ company says
Photographer: Daniel Acker/Bloomberg
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The government shutdown is adding to the woes of U.S. companies already paying tariffs for their steel and aluminum.
Mid-Continent Steel and Wire warned in October that President Donald Trump’s tariffs on steel and aluminum will force them to continue cutting workers. Chris Pratt, the company’s general manager, now says the partial government shutdown is causing even more pain.