Biden Wants to Increase Tariffs , on Chinese Steel and Aluminum Imports.
Speaking from the United Steelworkers
union in Pennsylvania on April 17.
Speaking from the United Steelworkers
union in Pennsylvania on April 17.
Biden will call on U.S. Trade Representative Katherine Tai to triple tariffs on Chinese
steel and aluminum, NPR reports. .
Biden will call on U.S. Trade Representative Katherine Tai to triple tariffs on Chinese
steel and aluminum, NPR reports. .
Those tariffs are presently at about 7.5%.
While these Chinese imports "account for less than 1% of U.S. demand," the country's steel prices are 40% cheaper than America's, NPR reports. .
The White House is concerned that
this could prompt a surge of exports. .
China's policy-driven overcapacity poses
a serious risk to the future of the
American steel and aluminum industry, Lael Brainard, Biden's top economic adviser, via NPR.
The president understands
we must invest in American
manufacturing, but we also have
to protect those investments and
those workers from unfair exports. , Lael Brainard, Biden's top economic adviser, via NPR.
The Biden administration also sent officials to Mexico to discuss preventing Chinese steel from entering the U.S. via its southern neighbor. .
I want to emphasize our desire to
cooperate and partner with Mexico
on addressing imports coming in
to the North American market as
a way of circumventing tariffs, Senior administration official, via NPR.
I'm not going to get ahead
of the diplomatic conversations
that have happened today and
that will be happening in the
days and weeks to come. , Senior administration official, via NPR.
But I think we're hoping to come to
a mutually acceptable solution with
Mexico, because this is a problem that
affects both of our economies, Senior administration official, via NPR.
United Steelworkers recently endorsed Biden
after he voiced his opposition to a U.S. Steel takeover by Nippon Steel, a Japanese company. .
United Steelworkers recently endorsed Biden
after he voiced his opposition to a U.S. Steel takeover by Nippon Steel, a Japanese company.
Credit: Wibbitz Top Stories Duration: 01:31Published
Amid escalating tensions, former President Donald Trump endorsed Anti-Biden slogans targeting President Joe Biden at a Pennsylvania rally, criticising Biden's support for Israel amidst the conflict with Gaza. Trump urged Israel to swiftly conclude military operations for peace. Meanwhile, Biden faces pressure to de-escalate the situation, with reports indicating US reluctance to support Israeli retaliatory actions against Iran.
#IranAttacksIsrael #Iran #Israel #IndiaIsrael #Trump #DonaldTrump #Netanyahu #NetanyahuModi #Worldnews #Oneindia #Oneindianews
~HT.99~PR.152~ED.194~
Aerosmith Announces , Rescheduled ‘Peace Out’ Tour Dates.
The veteran rockers postponed their farewell tour nearly seven months ago after singer Steven Tyler "fractured his larynx," CNN reports. .
The band issued a statement
about Tyler's condition at that time.
To our fans: Unfortunately, Steven’s vocal
injury is more serious than initially thought.
His doctor has confirmed that in addition to
the damage to his vocal cords, he fractured
his larynx which requires ongoing care, Aerosmith, via Facebook.
He is receiving the best medical
treatment available to ensure his recovery
is swift, but given the nature of a fracture,
he is being told patience is essential. , Aerosmith, via Facebook.
As a result, all the currently scheduled
PEACE OUT shows must be postponed
to sometime in 2024, with new dates to
be announced as soon as we know more, Aerosmith, via Facebook.
On April 10, the band took to
Instagram to announce that they are
"thrilled" to have rescheduled tour dates.
The tour will begin Sept. 20 in Pittsburgh, PA.
The 40-date run will
end in Buffalo, NY, on Feb. 26.
The Black Crowes will
serve as the supporting act.
"All previously purchased
tickets will be honored for the
rescheduled shows," Aerosmith said.
The farewell North American tour is
intended to be a celebration of the band's
50 years together, CNN reports.
Credit: Wibbitz Top Stories Duration: 01:30Published
4.8-Magnitude Earthquake , Hits US East Coast.
NBC reports that the East Coast of the United States
was struck by an earthquake on April 5
which was felt from Maryland to Maine.
According to the U.S. Geological Survey,
the earthquake struck just before 10:30 a.m. local
time and was measured at a 4.8-magnitude. .
There were no initial reports
of any major damage.
According to New York Governor
Kathy Hochul, the quake could
be felt across the state. .
My team is assessing impacts
and any damage that may have
occurred, and we will update
the public throughout the day, Kathy Hochul, New York Governor, via NBC.
New Jersey Governor Phil Murphy
said that the state's emergency
operations center had been activated.
New Jersey Governor Phil Murphy
said that the state's emergency
operations center had been activated.
As a result of the quake, the Port
Authority Transit Corp. suspended service
between Pennsylvania and New Jersey. .
Crews will inspect the integrity
of the line out of an abundance
of caution. Once inspection is
complete, service will resume.
No timeframe. Updates to follow, Port Authority Transit Corp. statement, via X.
Meanwhile, New York’s Metropolitan Transportation
Authority said service would not be impacted by the quake,
and teams would be inspecting train lines for damage.
NBC reports that earthquakes are a rare occurrence in
the Northeast, however in February of 2023, Buffalo,
New York, was struck by a 3.8-magnitude quake
Credit: Wibbitz Top Stories Duration: 01:30Published
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