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.
President Donald Trump is back at the White House after staging a dramatic return from the military hospital where he has been receiving an unprecedented level of care for COVID-19.
President Donald Trump says he will leave the military hospital and return to the White House Monday evening.
Former Obama officials say that the protocols in place are up to the task of preserving the continuity of the U.S. government in the event President Trump may be incapacitated.
White House press secretary Kayleigh McEnany says she has tested positive for COVID 19 days after President Trump's diagnosis.
Two days after being hospitalized with COVID-19, President Donald Trump declared, “I get it,” in a message to the nation Sunday before briefly leaving the hospital to salute supporters from his motorcade.
President Donald Trump faces “critical” coming days after a “very concerning” period in his fight against COVID-19 at a military hospital, his chief of staff said Saturday — in contrast to a rosier assessment moments earlier by Trump doctors, who took pains not to reveal the president had received supplemental oxygen at the White House before his hospital admission.
President Donald Trump went through a “very concerning” period Friday and faces a “critical” next two days in his fight against COVID-19 at a military hospital, his chief of staff said Saturday — in contrast to a rosier assessment moments earlier by Trump doctors, who took pains not to reveal the president had received supplemental oxygen at the White House before his hospital admission.
President Donald Trump appeared in public Friday evening for first time since testing positive for COVID-19 as he boarded Marine One for what was expected to be a stay of a “few days” at a military hospital.
Police said they knocked and announced themselves for a minute or more before bursting into Breonna Taylor’s apartment, but her boyfriend said he did not hear officers identify themselves, according to Kentucky grand jury recordings released Friday.
White House chief economist Joe LaVorgna joined Cheddar to discuss the economy's current standing.
