Tag: steel

U.S. Steelmakers Back Trump’s Tariff Plans amid Steep Foreign Competition

Daily Caller News Foundation
Trump and Steel Workers

Some U.S. steelmakers are supporting President-elect Donald Trump’s proposals to place tariffs on China, Mexico and other countries, according to The Wall Street Journal.

American steel companies are calling for Trump to reintroduce tariffs on steel from the U.K., Japan and the EU amid concerns of foreign competitors being involved in unfair market practices, according to The WSJ. Some U.S. steel executives were supportive of steel tariffs under the previous Trump administration, with some steelmakers saying the tariffs helped to boost profits, The WSJ reported.

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Commentary: The Treacherous Road to Runaway Inflation

Michigan Star Staff

In January, 2001, America had a balanced budget, low debt, and was at peace. Here, briefly, is what lay ahead: war, financial crisis, civil unrest, massive growth of the federal government, and now severe inflation.

Never in the history of America has our government in its ineptitude created such a false economy, risking hundreds of years of hard work on unsound and unworkable economic policies. The Founders wisely relied on dispersion of power. They knew there would be dishonest and incompetent politicians but, in this case, the entire government is infected with deceptive leaders.

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