“If we’re going to impose it, we’re going to have to do it very soon, or else people will start gaming the system,” Commerce Secretary Wilbur Ross said Tuesday.
With all the talk of trade war and tariffs in the media lately, we often hear from economists and CEOs of major corporations, but we don’t often hear from the small business owners who feel the pain the most when costs are increased even by just a small amount.
Republicans who opposed President Donald Trump’s announced tariffs on steel and aluminum imports now signal openness to a narrower package of duties levied solely on America’s strategic competitor, China.
The vast majority of Americans say it is more important for the United States to have a strong manufacturing base than to have an exorbitant amount of cheap, foreign products.
The pro-open borders, avid free trader Sen. Jeff Flake (R-AZ) has introduced legislation to “nullify” President Trump’s tariffs on imported steel and aluminum designed to increase American manufacturing for U.S. workers.
American workers whose lives were uprooted by multinational free trade deals are thanking President Trump for signing into law tariffs on imported steel and aluminum to protect U.S. jobs.
The stench of hypocrisy and the reek of duplicity remain alive and well with the EU and its camp followers on trade tariffs, writes Global Britain’s Brian Monteith.
MSNBC host Chris Matthews said President Donald Trump is using tariffs to look out for “people that nobody else is looking out for” and argued that tariffs are also very much a “cultural issue” in the Rust Belt.
A group of workers in the steel and aluminum industry spoke with reporters outside the White House, after attending a signing ceremony for President Donald Trump’s steel tariffs at the Oval Office.
The vast majority of Americans support President Trump’s economic nationalist agenda on foreign trade, wherein the populist president is in the process of renegotiating multinational trade deals like the North American Free Trade Agreement (NAFTA).
Retiring Senator Jeff Flake took yet another swipe at resisting President Donald Trump on Thursday with the announcement that he would seek to “nullify” the tariffs that Trump signed into being on Thursday.
“Those who poured their souls into building this great nation were betrayed. But that betrayal is now over,” he said. “I’m delivering on a promise I made during the campaign and I’ve been making it for a good part of my life.”
“Looking forward to 3:30 P.M. meeting today at the White House,” he wrote. “We have to protect & build our Steel and Aluminum Industries while at the same time showing great flexibility and cooperation toward those that are real friends and treat us fairly on both trade and the military.”
Officials with influence on trade policy inside the White House believe that imposing the tariffs on Canada and Mexico in the near term, only to remove them within months if a new Nata deal is reached, would be unnecessarily disruptive.
Monday on Fox News Channel’s “Special Report,” network senior political analyst Brit Hume said that although he was skeptical of President Donald Trump’s effort to impose tariffs on imported steel and aluminum, he noted that it was something Trump had
White House trade adviser Peter Navarro challenged establishment forces and lobbyists for raising alarms about a “trade war” in response to President Donald Trump’s proposed tariffs.
“NAFTA, which is under renegotiation right now, has been a bad deal for U.S.A.,” Trump wrote. “Massive relocation of companies & jobs. Tariffs on Steel and Aluminum will only come off if new & fair NAFTA agreement is signed.”
Prime Minister Theresa May has taken the bizarre step of coming out to bat for the EU against U.S. President Donald Trump, after the bloc threatened to trigger a damaging “trade war” by levying tariffs on several iconic American brands.
California expects to suffer from President Donald Trump’s looming tariffs on aluminum (10%) and steel (25%). That’s because the state prefers to import steel from Asia and Latin America rather buying it from U.S. factories.
Navarro decried the “hair on fire” reaction from cable news and the press, calling it the “biggest bunch of horse-puckey that you can imagine.”
Republicans arguing against tariffs are engaging in revisionism. Both Reagan and Bush took actions to cut back on steel imports.
President Trump’s planned steel and aluminum tariffs will combat China’s “deliberate attempt to bankrupt our strategic industries” vital to our national defense, said Curtis Ellis, the senior policy adviser for America First Policies.
The European Union is poised to drag Britain into a damaging trade war with the United States, as Brussels prepares to retaliate against measures designed to protect American metalworkers.
Exact details of new United States aluminum and steel tariffs remain unclear after White House press secretary Sarah Sanders told reporters on Thursday that the percentages and final plan will be released next week.
The trade globalist wing of the White House has failed in its efforts to stop President Trump from following through on his promise to protect American industries and jobs by imposing tariffs on imported foreign products.
Stocks of the biggest U.S. multinational companies were hit the hardest by a sell-off that accelerated after the Trump administration announced new steel and aluminum tariffs.
Just as no trade war erupted when George Bush imposed a 30 percent tariff on steel in 2002, retaliation against the Trump tariffs are unlikely.
President Donald Trump met about a dozen business executives in steel and aluminum, promising to enact tariffs of 25 percent for steel and 10 percent for aluminum in response to cheap foreign imports.
President Donald Trump is preparing to announce steel and aluminum tariffs on Thursday.
Chinese steel dumping into the United States, something that crushes U.S. industry, is taking center stage at the White House and in the national political conversation as President Donald Trump very publicly considers tariffs and quotas on steel and aluminum imports into the United States.
Trump said he was concerned about foreign countries like China dumping cheap steel on the United States, hurting the country’s steel industry.
“[Mexicans] realize they have more to lose than the United States” in the event of a collapse of the North American Free Trade Agreement (NAFTA), said Curtis Ellis, Senior Policy Advisor for America First Policies.
For decades, previous administrations led by both political parties failed to address our trade challenges with adequate resolve. President Donald J. Trump has distinguished himself as a champion for workers with an unshakable commitment to leveling the playing field for American steel.
Curbing dangerous steel imports would reinvigorate Trump’s base and protect the American economy.
President Donald Trump admitted that he wasn’t actually going to build a great new wall on the southern border but repair existing fences and build selective strategic border structures.
President Donald J. Trump campaigned in Wisconsin, Ohio, and Pennsylvania on a campaign to bring jobs home to America. The Trump Administration has been working on a “steel investigation” to study the national security implications of Chinese dumping of steel on the world markets. Right now, President Trump can keep his promise to bring back coal, steel, and energy jobs back to American workers.
WASHINGTON, D.C. — President Donald Trump issued a memorandum on Thursday calling for an investigation into domestic and foreign steel production and, in part, its impact on defense.
President Donald Trump signed an executive memorandum on Thursday ordering the Secretary of Commerce Wilbur Ross to investigate steel imports. But he also previewed action on NAFTA.
A White House official told Breitbart News that it is likely any executive order to emerge prior to the investigation into trade deficits is completed would be narrowly tailored to commodities and metals such as steel and aluminum and wouldn’t include broader manufactured goods such as appliances.
BEIJING (AFP) – Beijing has accused the European Union of “protectionist” behaviour after Brussels imposed anti-dumping duties on Chinese steel products, as it seeks to protect struggling steel makers in Europe. The EU Commission said Friday it would impose taxes of between
