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.
Fed Cup: 10th straight SFs for Czechs; Serena returns for US
The 36-year-old American took time away from the sport to give birth to her daughter Alexis Olympia and get married, to Reddit co-founder Alexis Ohanian .
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.
Virgil van Dijk faces Southampton for the first time since joining Liverpool
Liverpool have been particularly strong on their travels this season and have scored a league-high 34 goals. Pierre-Emile Hojbjerg , who was on the bench for that game, replaces Sofiane Boufal in midfield .
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 17 2018
Speaking for energy group, Ayotte welcomes Romney to Utah US Senate race
Shortly after the Friday morning announcement, House Speaker Paul Ryan, Romney's running mate in 2012, endorsed the campaign. Anderson also said that Romney reached out to him in regards to his comments and "accepted my apology without hesitation".
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
Historic immigration debate in flux
Democrats clearly have some support from Republicans for extending DACA protections and adding more money for border security. Democrats are against cuts to family migration and ending the diversity visa program.
Feb 14 2018
'Chelsea Bomber' sentenced to life in prison for 2016 blasts
She described Rahimi's efforts to radicalize fellow prisoners at the federal jail in NY where he has been imprisoned since his arrest.
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 12 2018
Syria says rare U.S. strike an effort to support terrorism
The Syrian government has also been accused of using chemical weapons on a rebel-held town in Idlib province earlier this week. Reacting to the USA -led coalition's counterattack, a Russian senator called the move "an unprecedented act of aggression".
Feb 11 2018
Hong Kong Bus Crash Kills at Least 18 and Injures Over 60
Local media outlets have quoted an injured person as saying that the bus was going very fast when it entered a curve. Deadly accidents are rare on Hong Kong's public transport system, which it promotes as among the best in the world.
Feb 10 2018
PM to address rallies in poll-bound Tripura today
Prime Minister Narendra Modi will be in south Tripura taking his party's call of "Chalo paltai" to the voters. After his UAE visit, Modi will travel to Oman in the final leg of his visit from February 11-12.
Feb 09 2018
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 .
Feb 08 2018
IOF Kills Palestinian in Alleged Stabbing Attack
He was the son of a Hamas figure killed by Israeli forces during the second intifada of the early 2000s. Two Israelis have died in that timeframe.
Feb 16 2018Flu still running rampant through most ME counties
Feb 15 2018Sweden's Kalla wins first Pyeongchang gold
Feb 15 2018Google shipped 3.9 million Pixels during 2017 according to report
Feb 14 2018Reply is working on bringing Smart Reply to all messaging apps
Feb 14 2018Kuwait pledges $2bn to Iraq reconstruction
Feb 14 2018Of Meghan Markle's Favorite Foods
Feb 14 2018Higuain, of course! - Allegri backs his man over Spurs' Kane
Feb 10 2018Kelly Knew Porter's Security Clearance Would Be Denied Weeks Ago
Feb 09 2018England unveil fresh World Cup kits
Feb 08 2018What is in US Senate deal on spending, debt ceiling
Feb 16 2018You have to see how the Kardashians celebrated Valentine's Day
Feb 11 2018Bollywood celebrities witnesses Auto Expo 2018
Feb 11 2018CBB Omarosa's USA is 'going to not be okay' underneath Trump
Feb 11 2018NASA Exhibits the Most Distant Images Taken by a Spaceship
Feb 10 2018Suns to acquire Elfrid Payton from Magic
Feb 10 2018LAPD Submits Three Harvey Weinstein Sex Cases to District Attorney
Feb 10 2018Real Madrid coach Zidane already in contact about next job
Feb 09 2018Food may influence cancer spread
Feb 09 2018Led coalition attacks Assad forces in Syria
Feb 09 2018Alabama man arrested in viral child porn video
Feb 09 2018Sony's 'Venom' spin-off gets its first trailer
Feb 09 2018Years after acquisition, Nest, Google hardware teams to unify