On Tuesday (April 18), Trump signed an executive order to buy American goods, which reaffirmed that the US government would support the steel industry. The order will promote the construction and renovation of steel production projects. But this decree on the US steel industry to promote the role has caused the suspicion from all walks of life.

Industry suspected Trump can only “talk about the mouth”

The American Steel Association believes that the new government signed by Trump can effectively ensure the full implementation of the “buy US goods” bill and ensure the competitiveness of the US steel industry.

But the lack of details of the plan, coupled with the previous Trump competition on the election commitment repeated “outrageous”, so that some analysts worry that this decree can not be implemented.

ClarkonsPlatsu Securities analyst Clermons Securities analyst Lee McMillan believes that the decree on the US steel industry will play a “certain degree” of the impact, but its implementation can be skeptical.

McMillan added that it would be unknown to stimulate large-scale infrastructure projects in the US steel industry, such as Trump’s “Border Wall” program. As a result, analysts tend not to think that the “border wall” program can significantly stimulate the US steel industry.

Not only a lot of analysts believe that the law can not be implemented, some iron and steel enterprises are not “buy it.”