Tariffs

Yesterday’s surprise announcement that North Korean leader Kim Jong Un will meet with President Donald Trump for denuclearization talks raises a lot of questions. Most importantly: Why now? The Trump administration, along with the international community, has recently ratcheted up economic sanctions against North Korea. While it’s clear those sanctions have done some damage to […]

President Donald Trump’s steel and aluminum tariffs will take effect in two weeks. But it will probably be months before there’s any evidence of how the tariffs will impact the job market. Click the audio player above to hear the full story. 

China has warned against the proposed tariffs on steel and aluminum, but in fact, they’d barely put a dent in its economy. The country exports just 1 percent of its steel to the United States. Really, economists argue, the bigger trade fight with China has little to do with metal. This week, President Donald Trump […]

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 […]