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Can Essar’s planned steelmaking project in America count on Trump’s policies outlasting his power?

Essar Group's proposed $15 billion steel plant in the US aligns with Trump's "make America produce steel again" initiative, touted as potentially the largest. Yet, the author highlights considerable policy risks. The project's success hinges on volatile US trade protectionism and current climate denial, which are criticized for defying global interests. The editorial questions the long-term wisdom of such bets, suggesting a future globalist leader might reverse course. It critiques the present US approach as a "warped vision of its greatness," implying a precarious future for Essar's venture.

LiveMint · Mint Editorial Board · Oct 1, 2026 at 2:00 AM

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