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.
GOP National Spokesperson Liz Harrington claimed Democrats should have subpoenaed witnesses, despite the House notably issuing subpoenas during the initial inquiry.
The address kicked off the global economic gathering, which marked its 50th anniversary this year. It also came just hours before Trump's impeachment hearing was set to begin back on Capitol Hill.
The months of counting across the U.S. are essential, Census Bureau Director Steven Dillingham emphasized. The results determine how federal funds are distributed to public entities like schools and hospitals and for infrastructure and public services.
Members of the public who want to follow President Donald Trump's impeachment and Hollywood mogul Harvey Weinstein's rape trial through the media will sit in obstructed seats.
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This Saturday marks the fourth annual Women’s March, the annual gathering to support women which began as President Donald Trump entered the White House. Now, this year’s march marks the last of its kind before the 2020 election.
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The wife of Democratic presidential candidate Andrew Yang says she was sexually assaulted by an obstetrician while she was pregnant with the couple's first child.
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A Capitol Hill hearing on cannabis legislation Wednesday underscored the regulatory straitjacket that restricts research and scheduling of cannabis in the United States.
