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.
The Supreme Court on Thursday preserved the system that gives preference to Native American families in foster care and adoption proceedings of Native children, rejecting a broad attack from some Republican-led states and white families who argued it is based on race.
The U.S. Department of Agriculture said Wednesday it hopes to weed out false or misleading animal-welfare claims on meat and poultry packaging with new guidance and testing.
New York City is paying to house newly-arrived migrants in hotel rooms. Cheddar News takes a closer look at one of the hotels, the Holiday Inn, which is housing about 15,000 migrants over the next 15 months.
We've been closely following the migrants that were sent to various cities across the United States. Now New York City is paying for hotel rooms for migrants who were sent there. Cheddar's own Ashley Mastronardi has a closer look at one of the hotels.
Illinois Governor J.B. Pritzker signed a bill that stops public schools and libraries from banning books.
The Biden administration reached a deal to preserve a federal mandate requiring health insurers to cover preventive care at no extra cost for patients.
Former President Donald Trump arrives for his arraignment in Miami.
The government can keep enforcing “Obamacare” requirements that health insurance plans cover preventative care — such as HIV prevention, some types of cancer screenings and other illnesses — while a legal battle over the mandates plays out, under a court agreement approved Tuesday.
Two men who were active-duty members of the Marines Corps when they stormed the U.S. Capitol pleaded guilty on Monday to riot-related criminal charges.
The Human Rights Campaign, for the first time in its 40-year history, declared a state of emergency for the LGBTQ+ community as anti-LTBTQ+ sentiment is on the rise. Cheddar News explains.
Load More