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.
Presidential candidate Rep. Tulsi Gabbard joined families of 9/11 victims and first responders Tuesday as she called on the Trump administration and the FBI to release documents that she said could implicate Saudi Arabia for its role in the attacks.
In mid-September, the White House revoked a waiver that allows California to implement stricter emission standards than what the federal government puts forward under the Clean Air Act.
Hong Kong Financial Secretary Paul Chan stated official quarterly GDP figures would be released Thursday, but that preliminary analysis shows consecutive economic contractions.
These are the headlines you Need 2 Know for Monday, October 28, 2019.
The U.S. Education Department was also ordered to pay $100,000 in damages.
The governor on Tuesday called on the state's attorney general to investigate why drivers in the Golden State are being forced to shell out $1.50 more than the average U.S. driver.
These are the headlines you Need 2 Know for Wednesday, October 23, 2019.
Ohio nearly purged over 200,000 of active voters from polls and one in five people on that list should not have been there. Jen Miller, Director of the League of Women Voters of Ohio joins Cheddar via phone to discuss how she is fighting to prove the state of Ohio was wrong to remove some of those people on the list.
Despite an array of challenges, advocates, enthusiasts, and cannabis industry stakeholders felt Canada's great cannabis experiment had mostly worked.
These are the headlines you Need 2 Know for Friday, October 18, 2019.
