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    Republican Bill Would Curb Trump's Tariff Authority

    Written by Sandy Williams


    As a trade war continues to build over the Section 232 steel and aluminum measures, some senators are looking to curb the president’s authority to unilaterally impose tariffs.

    Sen. Bob Corker (R-TN) is leading the effort along with Sen. Pat Toomey (R-PA) to challenge President Trump’s ability to levy trade restrictions on the grounds of preserving national security. The tariffs on imports of steel and aluminum have resulted in trade retaliation from all corners of the world, including America’s staunchest allies.

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    Steel groups address Democrat gains in midterms

    The Steel Manufacturers Association (SMA) and the American Iron and Steel Institute (AISI) have weighed in on yesterday’s midterm elections that saw Democrats gain control of both the Senate and the House of Representatives. “Last night's elections delivered historic gains for Democrats in Congress,” SMA EVP Brandon Farris said in a statement to SMU on Wednesday. “Thankfully, a strong American steel industry transcends party lines." He said SMA's mission remains clear. It includes defending “the policies that have helped drive historic investment, strengthen American manufacturing, secure reliable and affordable energy, and ensure domestic steelmakers can compete on a level playing field.”

    Price on trade: Steel industry trick-or-treat

    It’s the scariest time of year in Washington, D.C. … election season. The city is a veritable haunted house of prognostication and speculation as everyone tries to discern which way the howling wind will blow. We’ll let the fortune tellers and prediction markets guess the outcomes of the midterms. What we do know is this: the steel industry has experienced its share of tricks and treats over the past few months. Below are a few notable steel tricks and treats this Halloween season.