President Trump has announced a doubling of tariffs on imported steel and aluminum from 25% to 50% as part of a trade war to protect local industries. Critics, including industry leaders like H.O. Woltz, warn this could lead to significantly higher costs for consumers and potential delays in construction projects. Additionally, the Trump administration is attempting to cut $1.1 billion in funding to public broadcasters, heightening tensions with entities like NPR and PBS, who are already challenging the administration's claims of bias.
H.O. Woltz, who owns a company in North Carolina that twists steel wire into cables for reinforced concrete, says implementing tariffs won't eliminate the fact that China is driving the whole world market.
The increases would be passed onto the consumer, which is an unusual strategy for Trump, who campaigned to bring down the cost of groceries.
This reduction in funding for public broadcasting would have a minimal impact on the $36 trillion national debt, yet it represents the entire funding levels for the Corporation for Public Broadcasting through September 2027.
NPR CEO Katherine Maher says the administration is attacking the integrity of public media — which is vital for informed democracy.
Collection
[
|
...
]