U.S. Steel | Michigan Radio
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U.S. Steel

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?

Billy Wilson / FLICKR - http://bit.ly/1xMszCg

Today, the White House rolled out President Trump's planned tariffs on imported steel and aluminum. 

(Stateside aired this conversation just before this news broke.)

But Detroit News business columnist Daniel Howes has a three-word warning for the President: “Unintended consequences loom.”

Jean Beauford / public domain pictures.net

Michigan State University economist Charles Ballard minced no words to describe his reaction to President Trump's announcement that he will impose new tariffs on foreign-made steel and aluminum.

"What this looks like to me is macho nationalism," says Ballard, "unhindered by any serious thought about the economic repercussions."

Ballard says the tariffs may help workers in the U.S. steel and aluminum industries.

"But for the overwhelming majority of Americans this will raise costs of things that we produce using steel and that we buy using steel and aluminum."

Thousands of people in Windsor, Ontario, say they are being invaded by an obnoxious noise emanating from outside Detroit. They call it the "Windsor Hum" and it's really two sounds — a deep, very low-frequency hum, like a diesel truck idling in your driveway, and a deep, vibrating pulse that you feel more than you hear.