Politicians, the media, and the markets have all responded negatively to President Trump’s proposed tariffs on steel and aluminium.
But Congresswoman Marcy Kaptur (D-OH) has a different perspective. The trade war concerns won’t materialize “if you have a good agreement,” she told Cheddar. “We need trade parity, we need reciprocity in trade.”
She pointed out that China churns out 2.3 billion metric tonnes of steel every year when the world only uses 1.5 billion.
“You’ve got this enormous overhang on the global market...so America ends up being the dump market and our workers get put out of work.”
However, China’s steel manufacturing muscle doesn’t necessarily impact the U.S. market. In 2017, the U.S. got most of its steel from Canada and Mexico, according to the [Commerce Department](https://www.trade.gov/steel/countries/pdfs/imports-us.pdf).
On Wednesday, the White House announced certain markets, such as Canada and Mexico, may be exempt from the proposed 25 percent tax on steel imports and 10 percent tariffs on aluminium. The administration is expected to make the official announcement on them later this week.
By striking a hyphen and two numerals, he extended an annual per-student funding increase from the next two academic years through the next four centuries.
White House press secretary Karine Jean-Pierre says the White House has confidence the Secret Service is “going to get to the bottom of this.”
Americans are segregating by their politics at a rapid clip, helping fuel the greatest divide between the states in modern history.
China has restricted exports of high-tech metals gallium and germanium, which are critical to making chips, in response to the U.S. blocking them from access to advanced chips.
A federal judge in Louisiana has restricted the Biden administration from communicating with social media platforms regarding content.
Russia said it's in contact with the U.S. over the imprisonment of journalist Evan Gershkovich.
They spoke to The Associated Press on condition of anonymity because they were not authorized to discuss the investigation publicly.
Former President Donald Trump reportedly pressured former Arizona Gov. Doug Ducey to overturn the state's 2020 election results.
Former President Donald Trump reportedly pressured former Arizona Governor Doug Ducey to overturn the state's 2020 election results.
Former New Jersey Gov. Chris Christie said President Joe Biden and former President Donald Trump are "beyond their sell-by date" in an interview with The New York Times.
