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.
the White House released a memorandum that detailed a rough transcript of a July phone call between Trump and the Ukrainian President Volodymyr Zelensky, which revealed that Trump pushed the leader to investigate former Vice President Joe Biden and his son, Hunter Biden.
Sabrina Singh, national press secretary for Cory Booker 2020, told Cheddar on Tuesday she is "cautiously optimistic" the campaign will meet its goal by the date.
President Trump reiterated his "America first" worldview and policy agenda on Tuesday in a speech at the United Nations that bemoaned globalism and instead urged mutual support among sovereign nations.
The decision largely stemmed from revelations that President Trump pressured Ukraine to investigate Joe Biden’s son and allegedly tied Congressionally-allocated U.S. military aid to the issue.
The idea: force companies to publicly disclose how their valuation would fare should climate change continue versus how they would do should temperature rise be capped at 1.5 degrees Celsius higher than pre-industrial levels.
The acclaimed Swedish teen climate activist slammed world leaders on Monday at the United Nations' Climate Action Summit in New York, condemning governments across the board for political apathy on the crisis.
‘We can either wait on Mother Nature — or we can give it a shot ourselves.’
New York City’s march was led by renowned Swedish climate activist Greta Thunberg, 16, who arrived in the U.S. late last month after a two-week journey across the Atlantic in a solar-powered yacht in an effort to draw attention to her cause.
Keith McCarty, CEO and founder of Wayv, wants to use tech to ease the many “friction points” in the complicated world of business-to-business cannabis logistics.
In a resolute response, California said it is set to launch a major legal challenge — one that will surely be lengthy and have broad implications on the way the U.S. confronts the climate crisis and on state's rights.
