Feb 17 2018
"We can not be without a steel industry", President Trump said Monday during a White House meeting with lawmakers.
The options include a 7.7% duty on all aluminum products from all countries, extending through to semi-fabricated products and finished aluminum products but not to consumer goods; or a 23.5% tariff on all aluminum products from China, Hong Kong, Russia, Venezuela and Vietnam; or a quota on all products from all countries equal to a maximum of 86.7% of their 2017 exports to the US.
"As they dump steel, they pay tariffs - substantial tariffs - which means the United States would actually make a lot of money, and probably steel industry and aluminum industry would come back into our country".
The reports are now under consideration by the President, and no final decisions have been made with regard to their contents.
The federal government has taken action against the dumping of subsidized steel imports from other countries, including China.
Trump has until April 11 to announce his decision on steel import curbs and by April 20 to decide on aluminum restrictions. Ross also suggested limiting imports of steel into the United States. The country's imports are almost four times the amount of exports, according to the report.
Google shipped 3.9 million Pixels during 2017 according to report
The company reportedly only shipped 3.9 million Pixel phones in 2017, according to IDC research director Francisco Jeronimo . Apple sold 77.3 million iPhones in the Christmas quarter for an average of 849.450 iPhones a day, per ZDNet's math.
Twitter Posts Profit In Q4 2017 For First Time Ever
Following the completion of the sale, the director now owns 2,441,312 shares of the company's stock, valued at $49,021,544.96. Several other hedge funds and other institutional investors have also recently made changes to their positions in TWTR .
What is in US Senate deal on spending, debt ceiling
Senate Majority Leader Mitch McConnell announced the pact, joined on the Senate floor by top Senate Democrat Chuck Schumer of NY . The Senate is expected to pass the package before the shutdown deadline Thursday, leaving the matter in the House's hands.
It cited, among other things, the shutdown of six basic oxygen furnaces and four electric furnaces since 2000 and a 35 percent drop in employment since 1998.
"Each of these remedies is meant to increase domestic steel production from its present 73 percent of capacity to approximately an 80 percent operating rate, the minimum rate needed for the long-term viability of the industry, " the statement said. China is by far the largest producer and exporter of steel, and the largest source of excess steel capacity.
The American steel industry has loudly pushed for help from Trump. U.S. Steel up 2 percent, and AK Steel up 1.1 percent. For certain types of steel, such as for electrical transformers, only one US producer remains.
Trump said the US steel and aluminum industries "are being decimated by dumping and from many countries".
Some U.S. companies will be able to request exclusions for specific products if the U.S. lacks sufficient domestic capacity or for national security considerations, Ross added. Commerce Secretary Ross noted that Section 232 remedies do not require "the same tariff on every single country. Not only do we now have a steel surplus with Canada, but we share a border and have synergistic strategic, economic, and national security interests".
"The ultimate decision rests with the president, the commerce secretary cautioned: "(Trump) will decide what he's going to do...
Feb 16 2018
You have to see how the Kardashians celebrated Valentine's Day
West ended his self-imposed social media ban with a bang, his wife took to Instagram to express her love for the rapper. Noticeably, West also uploaded former couples who made a buzz in Hollywood many years ago.
Feb 16 2018
Flu still running rampant through most ME counties
In CDC parlance, it means that getting the shot reduced the risk of having to go to the doctor because of flu by 36 percent. People should stay at home until they have gone 24 hours without fever, without the use of fever-reducing medications.
Feb 16 2018
More Israelis believe police than PM Netanyahu: polls
Netanyahu has angrily rejected the accusations and denounced what he describes as an overzealous police investigation. He added that the "prime minister never acted in Milchan's benefit on any issue, except for one, that of the visa".
Feb 14 2018
Consumer Price Index surprise is just a blip
December's figures were revised to show little change, after an initially reported gain of 0.4 percent. The Dow Jones industrial index, S&P 500 and Nasdaq took 0.5 percent losses upon Wednesday's open.
Feb 14 2018
Kuwait pledges $2bn to Iraq reconstruction
It is also counting on a Saudi-Iraqi rapprochement to weaken Iran's influence there. The fighters have also been largely defeated in neighbouring Syria.
Feb 14 2018
Of Meghan Markle's Favorite Foods
Ed Sheeran has been asked to perform at Prince Harry and Meghan Markle's wedding , it's been reported . The Suits actress once again oozed that Markle sparkle as she donned, yet another, fashionably coat.
Feb 14 2018
Higuain, of course! - Allegri backs his man over Spurs' Kane
Tottenham had a mountain to climb against a side which had reached the Champions League final in two of the past three seasons. Harry Kane pulled one back and then, vitally, Higuain struck the bar with another penalty on the stroke of halftime.
Feb 14 2018
South Africa's worst home-series defeat
From a position of strength, the Men In Blue found themselves in a spot of bother within a few overs. India started on the front foot clinching the first three matches by a comprehensive margins.
Feb 10 2018
Suns to acquire Elfrid Payton from Magic
Canaan underwent surgery February 1 to fix the ankle he injured the previous day in a game against the Dallas Mavericks. Payton is averaging a career-best 13 points on 37 percent shooting from three.
Feb 09 2018
Alabama man arrested in viral child porn video
Brooke Walker, Moore's fiancé, Tonya Hardy, was detained for questioning, but she's refusing to cooperate with the investigation. Authorities asked for the public's help in locating Moore, who surrendered to Millbrook police around 3:30 a.m.
Feb 16 2018Fed Cup: 10th straight SFs for Czechs; Serena returns for US
Feb 15 2018Xiaomi Redmi Note 5 Pro With Qualcomm Snapdragon 636 Launched In India
Feb 14 2018Historic immigration debate in flux
Feb 12 2018Syria says rare U.S. strike an effort to support terrorism
Feb 11 2018Bollywood celebrities witnesses Auto Expo 2018
Feb 11 2018NASA Exhibits the Most Distant Images Taken by a Spaceship
Feb 09 2018England unveil fresh World Cup kits
Feb 09 2018Food may influence cancer spread
Feb 09 2018Led coalition attacks Assad forces in Syria
Feb 08 2018IOF Kills Palestinian in Alleged Stabbing Attack
Feb 17 2018Speaking for energy group, Ayotte welcomes Romney to Utah US Senate race
Feb 15 2018Sweden's Kalla wins first Pyeongchang gold
Feb 14 2018'Chelsea Bomber' sentenced to life in prison for 2016 blasts
Feb 12 2018Virgil van Dijk faces Southampton for the first time since joining Liverpool
Feb 12 2018South Africa's ANC to meet on Monday as Zuma deadlock tightens
Feb 11 2018CBB Omarosa's USA is 'going to not be okay' underneath Trump
Feb 10 2018Kelly Knew Porter's Security Clearance Would Be Denied Weeks Ago
Feb 10 2018LAPD Submits Three Harvey Weinstein Sex Cases to District Attorney
Feb 10 2018PM to address rallies in poll-bound Tripura today
Feb 10 2018Real Madrid coach Zidane already in contact about next job
Feb 09 2018Sony's 'Venom' spin-off gets its first trailer
Feb 09 2018Years after acquisition, Nest, Google hardware teams to unify