Wednesday, July 6, 2022

Play

Opening statements today in appeal to protect DACA; last chance to register to vote in MO August primary; and mapping big-game routes.

Play

Highland Park mass shooting witnesses describe horrific scene, police release details about shooter, and Rudy Giuliani, Senator Lindsey Graham, receive subpoenas as part of an investigation surrounding former President Trump.

Play

From flying saucers to bologna: America's summer festivals kick off, rural hospitals warn they do not have the necessities to respond in the post-Roe scramble, advocates work to counter voter suppression, and campaigns encourage midterm voting in Indian Country.

IN Steelmakers Push Feds to Preserve Trump-era Tariff Policy

Play

Monday, February 21, 2022   

Indiana steel producers are pushing President Joe Biden to leave in place a tariff on foreign-made steel adopted during the Trump administration.

In 2018, former President Donald Trump placed a 25% levy on imported steel, in a bid to stabilize domestic production.

Nathan Fraser, vice president and general manager of Nucor Steel Indiana, said the move gave companies confidence to reinvest in their operations, including a planned $290 million expansion of Nucor's Crawfordsville plant. Fraser noted it will add 75 or more jobs in the next two years.

"These investments that Nucor and other Indiana steel producers are making are transforming our old Rust Belt into a hub for a modern, sustainable steel industry that's going to be providing the advanced, 'clean steel' products that our nation needs to build for the 21st century," Fraser asserted.

The Biden administration has rolled back the blanket 25% tariffs over the past several months, in an effort to ease supply-chain woes. New agreements with the European Union and Japan call for tariff rate quotas, where higher levels of imports come with higher tariffs, a measure the administration said will prevent those nations from flooding U.S. markets with steel.

Heather Ennis, president and CEO of the Northwest Indiana Forum, agreed the Trump-era tariffs have created stability for Hoosier plants, which accounted for more than a quarter of the nation's overall steel production in 2020, according to the U.S. Geological Survey. Indiana has been the number one steel producer in the U.S. for the past 40 years.

"To be able to have some certainty and to know that they have the resources available to be able to put more money into plants, upgrades and things like that, is really very beneficial for our economy here in northwest Indiana," Ennis contended.

Sen. Mike Braun, R-Ind., is also pushing to keep the tariffs in place, and said they are an important measure to support U.S. steel. He argued import quota agreements with allied countries can be managed while protecting domestic steel production, but when it comes to more hostile nations, he said the administration should move carefully.

"Dealing with Japan and the E.U. is a much different venture, because it's got a little bit of a handshake and trust to it," Braun explained. "I don't know if there's any of that with the relationship with China."

According to the World Steel Association, China is the number one producer of steel in the world, although its production outstrips domestic demand. In August 2021, China produced more than 83 million tons of steel, compared to 7.5 million tons in the U.S.


get more stories like this via email
Nearly 57% of Washingtonians who attended college but have no degree or certificate are age 35 or older. (Monkey Business/Adobe Stock)

Social Issues

The number of people with some higher education but no degree or other credential to show for it has increased in recent years, according to a new …


Environment

Starting this month, chemical companies will resume being taxed for cleanup of areas with a lot of leftover toxic waste, also known as Superfund …

Social Issues

Today is the deadline for Missouri residents to make sure they are registered to vote if they want to cast a ballot in the August primary. Eligible …


U.S. Rep. Yvette Clarke, D-N.Y., is among the chairs of the Congressional Caucus on Black Women and Girls, founded in 2016. (Wikimedia Commons)

Social Issues

As states ban abortion with the overturning of Roe v. Wade, women's advocates in New York and beyond are raising awareness of the outsized impact …

Social Issues

The fate of more than 600,000 so-called "dreamers" hangs in the balance as opening statements are heard today in a case that could make or break the D…

In New Mexico, herds of pronghorn typically are found roaming the high plains throughout the eastern part of the state. (Steppinstars/Pixabay)

Environment

A four-year project to map big-game routes throughout the West will end without additional funds from Congress - at least for now. Since 2018…

Environment

Groups working to curb climate change said a Supreme Court ruling limiting the ability of the Environmental Protection Agency (EPA) to control carbon …

Environment

Government labels on meat products that say "humane" or "raised in a stress-free environment" are meaningless, according to some animal-rights groups…

 

Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member- and audience-supported news source since 1996 Copyright 2021