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Time to end the tariffs on aluminum and steel


Time to end the tariffs on aluminum and steel
Time to end the tariffs on aluminum and steel
The metals industry got their time to reset; now it’s time to boost the domestic manufacturing industry
Getty Images
What goes up must come down? It’s inevitable. Unfortunately, when talking about steel prices, you can’t really rely on any natural laws to determine when prices might return to recent historic levels. That’s why the Section 232 tariffs need to go.
Right now domestic manufacturing is like a rocket that’s about to lift off. Things are hot. Nerves are on edge. Everyone is waiting. Chris Kuehl, managing director of Armada Corporate Intelligence, told attendees at the Fabricators & Manufacturers virtual Annual Meeting on March 3 that the big banks are expecting 2021 GDP growth rates of around 6.4%. Do you know how long it’s been since the economy was humming at such a level? It’s been more than 37 years since annual GDP growth surpassed 6%. (Accor ....

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What to Know in Washington: Infrastructure Odds Tied to Earmarks


March 16, 2021 7:01 AM
By Zachary Sherwood and Brandon Lee
President Joe Biden’s next big economic package helped set off a heated debate among Republicans over whether to participate in the return of lawmakers’ dedicated-spending projects, known as earmarks, a tussle that could be key to its success.
After muscling his $1.9 trillion pandemic-relief bill through Congress without a single Republican vote, Biden is hoping to bring GOP members aboard an infrastructure package set to be a core part of his longer-term economic plan, estimated at trillions of dollars.
Speeding a complex, multi-year initiative through Capitol Hill will be largely impossible without the GOP, due to Senate rules. To make negotiations easier, Democrats rescinded a 2011 ban on so-called spending earmarks. If Republicans decide to amend party rules in coming weeks and follow suit, it could be a good sign Biden’s bill gets done. ....

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