U.S. Steelworkers Get Largest Wage Hike in Years with Trump’s Tariffs
President Trump’s tariffs on imported aluminum and steel are securing massive wage hikes for American steelworkers with the United States Steel Corporation.
Commerce Secretary Wilbur Ross
Commerce Secretary Wilbur Ross Confirms Investment in Tariff Exempt Company
A spokesperson for Commerce Secretary Wilbur Ross confirmed in a statement to Fox News host Steve Hilton that Ross invested in a shipping firm involved in importing steel from South Korea, which received an exemption to tariffs imposed by the Trump administration. The conflict of interest was first exposed in a report by the Government Accountability Institute.
Report: China Is Trying to Form an Anti-American Trade Alliance
In reaction to the unexpected U.S. announcement that it would move forward with tariffs, China may offer to open its markets up to foreign companies that line up with it against the U.S., the WSJ said, citing Chinese officials.
