A day after facing widespread heat for his announcement of impending tariffs on steel and aluminum imports, which critics abroad and at home say will lead to a wave of retaliation, President Trump used his Twitter feed to declare that trade wars are good – and “easy to win.” [March 2, 2018 | Inside US…
Nearly 60 percent of American voters say imposing tariffs on Chinese steel and aluminum is crucial to the United States’ economic relationship with China. [John Binder | March 1, 2018 | Breitbart] In a Morning Consult poll, 59 percent of Americans say it is “important” that President Trump place tariffs on imported steel and aluminum,…
Dan DiMicco, Coalition for a Prosperous American chair and former Nucor CEO, discusses the Trump administration’s plans for imposed tariffs on imported steel and aluminum as early as next week.
While some commentators are fretting about President Trump imposing tariffs on a flood of subsidized steel and aluminum imports, it’s helpful to note that President Obama took a similar stance. Not only did he espouse strong trade rhetoric against China in his 2012 State of the Union address, but he also imposed tariffs on steel,…
President Trump on Thursday announced plans to impose tariffs on steel and aluminum “for a long period of time” as the administration works to bring both industries “back.” [ Jenny Leonard and Dan Dupont | March 1, 2018 | Inside US Trade] After a whirlwind of planning and confusion in the White House and among stakeholders, Trump held…
Emergency tariffs will help to protect domestic steel producers against surging imports Washington. The Coalition for a Prosperous American (CPA) strongly applauds President Trump’s announcement of Section 232 safeguard tariffs on an unprecedented surge of steel and aluminum imports. The US Commerce Department recently reported that a wave of heavily subsidized steel and aluminum from China and 11…
Less than two weeks after the Commerce Department made public its recommendations on remedies that could be imposed on steel and aluminum imports, President Trump on Thursday is expected to announce his decisions in both investigations under Section 232 of the 1962 Trade Expansion Act, sources told Inside U.S. Trade. [ Jenny Leonard | March 1, 2018 | Inside…
Perhaps it’s the natural human aversion to bad news — sometimes known as the “ostrich effect” — but few opinion leaders on U.S. economic policy appear willing to take a cold, hard look at the state of U.S. manufacturing. If they did, they wouldn’t be happy. First, U.S. manufacturing suffered catastrophic losses in employment and…
As U.S. Trade Officials meet with auto executives surrounding ongoing NAFTA sector negotiations, U.S.T.R. Ambassador Robert Lighthizer appears on Fox News to discuss ongoing trade initiatives with Laura Ingraham. It’s challenging to discuss the basic ‘fatal flaw’ within a modern NAFTA in a short discussion segment; however, Ambassador Lighthizer, Secretary Ross and the newly positioned Peter Navarro have a…
By Jeff Ferry, CPA Research Director The pundits who declare ominously that we are on the brink of a trade war have it wrong. In fact, we are in the midst of a war for domination of the world steel market. And as a quick look at the numbers makes clear, so far we are…