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A large group of protestors gathered near the U.S. Steel building in Pittsburgh, Pennsylvania, as Joe Biden made a campaign visit in The Keystone State.
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#BREAKING: A Major protest is underway outside US Steel building for Biden’s campaign stop visit⁰⁰
#Pittsburgh | #PA
Currently, hundreds of protesters have gathered outside the United States Steel Building in Pittsburgh, Pennsylvania, where President Joe Biden will be… pic.twitter.com/YPcG9aEjUn
— R A W S A L E R T S (@rawsalerts) April 17, 2024
“Hey, hey, ho, ho, BIDENOMICS has got to go,” protestors shouted.
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JUST IN:
Massive protest near US Steel building in Pittsburgh for Biden visit..
DEVELOPING..
“Hey, hey, ho, ho, BIDENOMICS has got to go.”
— Chuck Callesto (@ChuckCallesto) April 17, 2024
During his speech, Biden pledged to prevent a Japanese company from acquiring U.S. Steel.
From the Associated Press:
President Joe Biden is promising to block the acquisition of U.S. Steel by a Japan company, saying it “should remain a totally American company. American-owned, American operated.”
In a speech at the Pittsburgh headquarters of the United Steelworkers, Biden pledged on Wednesday to keep the company in U.S. hands.
Biden said last month that he opposed the merger, but went far further in his comment to the steelworkers.
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“Biden threatened to triple the rates of tariffs on steel and aluminum from China amid pressure from labor unions concerned about the survival of the U.S. steel industry as Chinese exports flood the global markets,” USA Today noted.
Biden criticizes President Trump on tariffs.
“President Biden calls for tripling tariffs on Chinese steel, aluminum” https://t.co/zsXWziXAHa
— Jason Miller (@JasonMillerinDC) April 17, 2024
Per USA Today:
Biden, during an address Wednesday to leaders of the United Steelworkers union in Pittsburgh, called on his United States Trade Representative, Katherine Tai, to consider tripling the existing 7.5% average tariff rate on Chinese steel and aluminum under Section 301 of the Trade Expansion Act to 25%.
“They’re not competing − they’re cheating. And we’ve seen the damage here in America,” Biden said of China, adding that Pennsylvania and Ohio lost 14,000 steel jobs between 2000 and 2010 when China first began flooding the markets. “Let me ask you: Are we going to let that happen again?”
“No!” steelworkers at the union’s headquarters shouted in response.
With the move, Biden is borrowing from the trade playbook of former President Donald Trump, the Republican presumptive nominee, who routinely raised tariffs on Chinese goods during his four years in office.
Lael Brainard, the White House director of the National Economic Council, said China − which produces more than half the world’s steel − is making more steel than the world can absorb, “flooding global markets at artificially low prices” and “undercutting American steel that is clean.”
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