President Donald Trump continues to press his case that imposing a 25 percent tariff on steel imports will add jobs and strengthen the industry. But some question whether steel manufacturers could meet demand if imports fell off. According to the U.S. Department of Commerce, the U.S. is the largest steel importer in the world, bringing […]
President Donald Trump was back on the topic of trade today. Taking questions at the White House, he said that the United States “has been taken advantage of” on trade. And he doubled down on his promise to impose tariffs on steel and aluminum imports. They are needed, he said, because of trade deficits. But […]
President Donald Trump’s planned tariffs on steel and aluminum would affect businesses in many part of the nation. Some states, though, would be affected more than others. A paper published today by the Tax Foundation criticizes the president’s plans and says thatTexas would be hit hardest if tariffs were imposed. How exactly? Click the audio […]
Approximately 140,000 Americans now work in primary steel and aluminum production — down from approximately 230,000 in 2000, according to the Bureau of Labor Statistics. Meanwhile, according to Moody’s Analytics, more than 6 million Americans work in industries that use steel and aluminum to make other products, such as motor vehicles, aerospace, construction and metal […]
The Trump administration’s decision to slap stiff tariffs on imported aluminum and steel won’t make much difference to Pittsburgh. Nearly all the steel jobs in the city now are behind a desk. Click the audio player above to hear the full story.
President Donald Trump tweeted that “trade wars are good, and easy to win,” adding that “when we are down $100 billion with a certain country and they get cute, don’t trade any more-we win big. It’s easy!” So, if you play that out a bit, looking at one of the countries we currently trade with, […]
