Space Travel News  
TRADE WARS
Trump targets aluminum in week of trade tensions
by Staff Writers
Washington (AFP) April 27, 2017


In a week full of trade discord, US President Donald Trump vowed Thursday to take action to boost the American aluminum industry which has been "unfairly damaged" by imports.

The industry is "critical" to the defense industry," Trump said at the White House.

"We can't afford to become dependent on foreign nations for the aluminum that our military relies on."

The Trump administration on Wednesday announced an investigation into aluminum imports.

That followed a similar probe launched last week into steel, and comes in a week where Trump has escalated tensions with Canada over lumber imports, and dairy exports, and then announced plans to renegotiate the North American Free Trade Agreement with Canada and Mexico, and threatened to pull out entirely unless there is a "fair deal."

Trump again pledged to bring back jobs in the aluminum industry and boost production.

Commerce Secretary Wilbur Ross late Wednesday announced the probe into aluminum imports, which he said climbed 16 percent in 2016, while production had declined.

And like the steel probe, China will again be in the spotlight.

"China subsidies have created overcapacity," Ross said.

Like steel, this investigation also will be carried out under a little-used law -- Section 232 of the Trade Expansion Act -- which invokes national defense reasons to protect US production. This was used primarily in the 1970s, during the oil crisis, and more recently in 2001 for steel.

It gives the Commerce Department 270 days to investigate the issue and draft its findings after consulting with the Pentagon. The president then will have 90 days to decide whether to take any actions, which could include high tariffs on aluminum imports.

TRADE WARS
Canada's Trudeau says will stand up to Trump on trade
Ottawa (AFP) April 25, 2017
Canada will respond firmly to Donald Trump, Prime Minister Justin Trudeau said Tuesday after the United States announced new tariffs on its softwood and vowed to also target Canadian milk. "I'm polite, but I'm also very firm in defending Canada's interests," Trudeau said in an interview with broadcaster CTV. After targeting Canadian lumber Monday, the US president threatened retaliation ... read more

Related Links
Global Trade News


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


Comment using your Disqus, Facebook, Google or Twitter login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

TRADE WARS
TRADE WARS
SwRI-led team discovers lull in Mars' giant impact history

Danish Martian Experts Get Their Hands on a Piece of 'Black Beauty'

New Look at 2004's Martian Hole-in-One Site

Researchers Produce Detailed Map of Potential Mars Rover Landing Site

TRADE WARS
Swedish Institute of Space Physics goes back to the Moon

India dreams of harvesting lunar dust to power fusion rectors

NASA Scientists Find Dynamo at Lunar Core May Have Formed Magnetic Field

How a young-looking lunar volcano hides its true age

TRADE WARS
ALMA investigates 'DeeDee,' a distant, dim member of our solar system

Nap Time for New Horizons

Hubble spots auroras on Uranus

Cold' Great Spot discovered on Jupiter

TRADE WARS
What can we learn from dinosaur proteins

Newly Discovered Exoplanet May be Best Candidate in Search for Signs of Life

In experiments on Earth, testing possible building blocks of alien life

Detecting Life in the Driest Place on Earth

TRADE WARS
New Russian Medium-Class Carrier Rocket Could Compete With SpaceX's Falcon

RSC Energia, Boeing Hammer Out a Deal on Sea Launch Project

India to Launch Carrier Rocket With Higher Payload Capacity in May

Aerojet Rocketdyne completes qualification tests on reusable rocket engine

TRADE WARS
China courts international coalition set up to promote space cooperation

Commentary: Innovation drives China's space exploration

Macao marks 2nd China Space Day with astronaut sharing space experience

China's Long March-5 Y2 carrier rocket leaves for launch site

TRADE WARS
Dawn Observing Ceres; 3rd Reaction Wheel Malfunctions

Close call: When asteroids whisk past Earth

Landslides on Ceres Reflect Ice Content

New study ranks hazardous asteroid effects from least to most destructive









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.