By Promethean Action -- Susan Kokinda—— Bio and Archives--October 1, 2026
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This midweek update contrasts two investment stories. On Monday, President Trump announced a $15 billion Mesabi Metallics steel mill in Iowa, supplied by the first new iron ore mine in the United States in 50 years, and Commerce Secretary Howard Lutnick, Export-Import Bank Chairman John Jovanovic and Mesabi Metallics’ Rewant Ruia laid out how tariffs, government credit and a complete American supply chain made it possible: a crash course in the American System of economics.
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