:

Business/Financial

Trump Places Tariffs On Aluminum, Steel Imports; A&D Industry Sees Potential Harm

By Cal Biesecker

Thursday, March 8th, 2018

SHARE:

Trump Places Tariffs On Aluminum, Steel Imports; A&D Industry Sees Potential Harm

President Donald Trump. Photo: White House.

President Trump on Thursday announced tariffs on aluminum and steel imports, saying the new measures are meant to counter unfair trade practices that hurt American workers and industries and threaten national security.The tariffs, which Trump had already telegraphed last week, will help protect the U.S. steel and aluminum industries, the White House said. Trump is imposing a 25 percent tariff on steel and a 10 percent levy on aluminum imports.For now, the tariffs don’t apply to Canada or Mexico, which…

Congress

House Republicans Block Measure To Impeach Hegseth

House Republicans on Tuesday evening voted to block an attempt to impeach Defense Secretary Pete Hegseth. In a 211-204 vote, the House moved to refer Rep. Thomas Massie’s (R-Ky.) articles […]

Congress

Top House Defense Appropriator Calvert Officially Wins Reelection Bid

Rep. Ken Calvert (R-Calif.), House Republicans’ top defense appropriator, has officially won his reelection bid. Calvert was running for a redistricted seat against fellow House Republican Rep. Young Kim (R-Calif.), […]

Congress

No Path To Defense Reconciliation, Including GOP’s $350 Billion, Coons Says

Top Senate Democrats threw cold water on any GOP plans for a $350 billion fiscal 2027 reconciliation bill, or any defense reconciliation bill, before a new Congress is sworn in […]

Congress

Industry Groups ‘Urge’ Congress To Block Stock Buyback Restriction From Final FY ‘27 NDAA

More than three dozen industry associations on Monday called on congressional defense committee leaders to scrap a provision in the final version of the next National Defense Authorization Act that […]