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aluminum

steel bars
Pixabay

 


On Friday, President Trump's first tariffs hit $34 billion worth of Chinese imports.

Beijing quickly responded with its own tariffs on equal amounts of American-made goods. Many believe that this back-and-forth between China and U.S. is the start of a trade war.

Imported steel and aluminum are one of the main targets of Trump’s latest tariffs. 

Dan Cooper is an assistant professor of mechanical engineering at the University of Michigan. He sat down with Stateside's Cynthia Canty to discuss why these tariffs would have minimal effect on the U.S. if the country did a better job recycling its scrap metal. 

Auto Manufacturers
Fiat Chrysler Automobiles

 


Earlier this month, President Trump announced new tariffs on steel and aluminum imported from the European Union, Canada, and Mexico. 

American automakers have indicated that these tariffs could be detrimental to the industry, estimating that just under 200,000 jobs will be lost in the first one to three years. 

Daniel Howes is a business columnist with the Detroit News. He sat down with Stateside’s Lester Graham to discuss how automakers are confronting the Trump administration. 

An image of the highway sign for the bridge to Canada in Detroit
Ken Lund / Flickr - http://bit.ly/1xMszCg

Things got worse for trade between the U.S. and Canada as our neighbors to the north announced retaliatory tariffs in response to the Trump administration's tariffs on steel and aluminum from Canada and other U.S. allies.

President Trump is taking it personally, expressing his outrage and insulting Canadian Prime Minister Justin Trudeau on Twitter. 

A steel plant
Rebecca Williams / Michigan Radio

 


This week, President Donald Trump announced he will move ahead with tariffs on aluminum and steel imports, including imports from the European Union, Mexico, and Canada. Effective today, steel imports will be taxed at 25 percent and aluminum at 10 percent. 

So how will this affect the huge amount of automotive parts that go back and forth from plants in Ontario and Michigan?