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.
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A spokeswoman says the first lady is focused on being a mother and a wife, and serving the country.
The U.S. Roman Catholic Church used a special and unprecedented exemption from federal rules to amass at least $1.4 billion in taxpayer-backed coronavirus aid, with many millions going to dioceses that have paid huge settlements or sought bankruptcy protection because of clergy sexual abuse cover-ups.
Derrick Johnson, president and CEO of the NAACP, talked about the discussions with Facebook's leadership surrounding hate speech and misinformation.
New York City Mayor Bill de Blasio grabbed a roller Thursday to paint Black Lives Matter in front of the namesake Manhattan tower of President Donald Trump.
The Supreme Court has issued a mixed verdict on demands for President Donald Trump’s financial records.
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The Supreme Court is siding with the Trump administration in its effort to allow more employers to opt out of providing no-cost birth control to women as required by the Affordable Care Act.
The schools filed a federal lawsuit Wednesday challenging the Trump administration’s decision to bar international students from staying in the U.S. if they take classes online this fall.
