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.
Police are investigating vandalism that left several headstones at a Jewish cemetery in Grand Rapids spray-painted with “TRUMP” and “MAGA” before President Donald Trump held his final campaign rally in the western Michigan city.
Ryan Merkley, Wikimedia Foundation's chief of staff, joined Cheddar to discuss how Wikipedia is combating the spread of misinformation on Election Day.
Ahead of Tuesday's election, we're breaking down the candidates proposals on the federal minimum wage, particularly as the cost of living rises.
Patagonia's J.J. Huggins discusses the retailer's plans for giving employees PTO for voting and poll work.
Jamie Richardson, vice president of burger chain White Castle, talked about responsible citizenship in providing time off for employees to vote.
With the coronavirus pandemic still raging, it is unlikely either candidate, Trump or Biden, will be able to slow down federal spending any time soon.
Issues around higher education and mounting national student loan debt are big factors voters are considering before casting a ballot for Trump or Biden.
In this Q&A series, we speak with corporate execs about their plans for Election Day. Selena Kalvaria, chief marketing officer for Away, the high-end luggage company, kicks off the series.
Kelly Mason, director of corporate communications for clothing brand Levi Strauss & Co., joined Cheddar to discuss the retailer's plans for giving employees PTO for voting and poll work.
Joe Biden leads President Donald Trump by 10 points in a head-to-head match-up, according to a new Cheddar/SurveyUSA poll.
Load More