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 Trump escalated his war of words with Anthony Scaramucci on Monday, calling the Mooch "highly unstable" in an early morning tweet storm. Scaramucci joined Cheddar to unpack the string of insults and to discuss the coalition of former cabinet members he is assembling to stop Trump in 2020.
Nearly a thousand Twitter accounts were blocked and several Facebook pages taken down on Monday in a coordinated effort by the social media platforms to curb misinformation campaigns spread by the Chinese government against protesters in Hong Kong.
San Jose could become the first city in the U.S. to implement a novel ordinance aimed at curbing gun violence: requiring gun owners to carry liability insurance.
Rep. Rashida Tlaib of Michigan said on Friday that she will not visit her family in the West Bank due to the conditions required by the Israeli government. The decision follows a reversal by Israel, which first barred her from the country and later granted her entry on humanitarian grounds.
In Srinagar, the capital city of Jammu and Kashmir, over one million people woke up last week to a complete telecommunications blackout. The blackout was mandated by the Indian government, which just hours later would unilaterally strip the disputed territory of its autonomy status.
Recently passed legislation in New York City will track commercial storefronts, giving the city a comprehensive database on building vacancies for the first time ever.
Former two-term Colorado Governor John Hickenlooper has officially dropped out of the 2020 race, slimming the Democratic field to just over two-dozen.
These are the headlines you Need 2 Know for Thursday, Aug. 15, 2019.
An unofficial coalition of far-right extremist groups are set to descend on Portland, Oregon this weekend and the city’s mayor has a clear message for them: you are not welcome.
J.D. Durkin made his way to an Iowan raceway and watering hole as the Hawkeye State hosts the many candidates vying for the primary election.
