Biden vows to protect U.S. steel industry
by The Center Square
The Center Square— (The Center Square) – President Joe Biden wants to triple tariff rates on Chinese steel and aluminum if investigators confirm allegations of the country’s unfair trade practices. “The backbone of America has a steel spine,” he said Wednesday during a visit to the United Steelworkers union headquarters in Pittsburgh. “It really does.” Biden wants the U.S. Trade Representative to increase the 7.5% rate as federal regulators raise the alarm about China’s subsidized...
Honolulu Star-Advertiser—Biden vows to block U.S. Steel acquisition by Japanese company. PITTSBURGH >> President Joe Biden promised cheering, unionized steelworkers today that his administration would block the acquisition of U.S. Steel by a Japanese company, and he called for a tripling of tariffs on Chinese steel, seeking to use trade policy to win over working-class votes in the battleground state of Pennsylvania.
WTRF—U.S. Senators call for investigation into U.S. Steel’s sale to Japanese company. WEIRTON, W.Va. (WTRF) -- In December, the Pittsburgh-based steel company U.S. Steel agreed to sell the company to Japan’s largest steel manufacturer, Nippon Steel. Now, two U.S. Senators are calling on President Biden to look deeper into this sale and the effects it could have on the country. Just months after U.S. Steel agreed to []
Entrepreneur—President Biden hopes tripled tariffs on China will improve U.S steel. The Biden Administration has announced plans of a new import tax aimed at Chinese steel and materials. On a recent trip to Pittsburgh, the President made the announcement that was