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President Donald Trump said Tuesday that his promised tariffs on steel and aluminum imports -- 25% on steel, 10% on aluminum -- would be applied in a "very loving way."But at least a few states might not be feeling it.Despite Trump's adverting the tariffs as a worker protection, many businesses in states that carried him in the election, including manufacturers in the Rust Belt region, rely heavily on steel and aluminum imports, according to a new report from the Brookings Institution. Brookings analyzed how reliant states are on aluminum and steel imports as a share of total state imports.Louisiana, one of the largest importers, relies on steel and aluminum imports to support its oil and gas industries. Already, Royal Dutch Shell has said a tariff could affect its decision to develop a planned Gulf of Mexico project.Wisconsin Republican Gov. Scott Walker warned the tariffs could hurt the state's canning and beer industries.Ohio has about 11,400 workers directly employed in steel and aluminum production but 410,300 in industries that use steel and aluminum, according to Crain's Cleveland. States with these kinds of imbalances could experience greater secondhand effects than they do in benefits.According to the Brookings report, four Rust Belt states -- Michigan, Ohio, Indiana and Pennsylvania -- receive 20% of the nation's total steel and aluminum imports, much of it going to Michigan's automotive and metalworking clusters. Several automotive stocks were down 2% or more after Trump's initial announcement.The Rust Belt also relies heavily on NAFTA-enabled trade with Canada and Mexico, which could be jeopardized in a trade war. Nearly 70% of US exports to Canada and Mexico are from the Rust Belt, according to Brookings.Kentucky and South Carolina, which are also home to auto manufacturing plants, are at risk from the tariffs. It could also have broader employment effects in states like South Carolina, where imports arrive. One in every 11 jobs in South Carolina depends on the state's four seaports --187,000 jobs, according to a report by CNN Money's Patrick Gillespie.The tariffs could also have broader impacts in blue states that ultimately affect one issue the President has sworn to protect: defense. Defense subcontractors in Connecticut that supply to larger defense contractors like Boeing or Lockheed Martin rely heavily on imported steel and aluminum and are at risk of having their raw material costs increase.A US Department of Commerce investigation determined that in 2017, imports of steel and aluminum goods totaled nearly billion, or about 2 percent of total US imports. Steel imports accounted for about 60% of the billion, at billion. Aluminum imports made up billion. 2750
Poway, Calif. (KGTV) - After years of rumors keeping bowlers anxious, 10News has learned that the Poway Fun Bowl will finally close August 31. The closure helps pave the way for dramatic changes at the Carriage Center shopping area.“I guess I’m not surprised. You see changes everywhere. It seems a shame that something that’s been here that long just can’t make it anymore," said David Spear, who lives nearby.10News has been tracking discussions between the new property owner and the tenants since 2018, when it first became clear that the owner had designs on removing the bowling alley and neighboring thrift stores on the land to make way for a new project.In October, the thrift stores learned their leases would not be renewed. Some have already closed. Others will be closing in the coming months.It is not clear yet what the owner plans to do with the property. An application has been filed with the city for a mixed-use project, but no formal plan has been pitched to the city council, according to one councilmember.Residents who spoke with 10News Thursday were torn. They cited two other major projects already approved within the next few blocks of Poway Road, expressing concern about growing traffic and the loss of Poway's "City in the Country" character. However, others supported the idea of modernizing a rundown part of the city, saying that while it is disappointing to lose the bowling alley and thrift shops, that new developments could benefit the community. 1492
POWAY, Calif. (KGTV) - Poway's city council is expected to vote Tuesday night to move forward toward demolition of the Big Stone Lodge, which could pave the way for its consideration as a site for a long-sought affordable housing complex for veterans in the city.The property on Old Pomerado Road is one of the most historic sites in Poway, dating back to an old lodge used as a stopover on the stagecoach route into San Diego. Later, it became the location for popular restaurants, a dance hall, and a notoriously rowdy honky tonk. When the homes were built along the current Pomerado Road, residents complained of noise from the Big Stone Lodge, leading to its closure. It's been abandoned for decades and the city bought the land in 2003."It's pretty shocking as far as how dilapidated it is," Poway City Councilmember Caylin Frank told 10News. "We know that we've had vandals. We've had people breaking in to do who knows what. So at this point it's really become a health and safety risk for the city."There seems to be general agreement that the building will need to be torn down. However, there's a battle brewing over what to do with the land. In 2018, the city transferred the property to the Poway Housing Authority, which has designated it for affordable housing. Housing advocates have been trying for years to build an affordable housing complex for veterans. A plan was developed for an empty lot on Twin Peaks Road, but after an uproar by nearby residents, the council voted against the plan 3-2. Supporters of that project have pitched the Big Stone Lodge site as a replacement. Frank says Poway will need to pick sites for more housing, but wants to study multiple options, including the Big Stone Lodge.A group of Poway residents oppose putting housing at the Big Stone Lodge, citing the site's historic nature and concerns over increased traffic in the area. "Anywhere but here," said Mary Shepardson, Vice-President of the Poway Historical Society. "This is not suited for building on." Shepardson and others are urging the council to turn the land into a passive park, preserving what parts of the Big Stone Lodge can be saved, including native plants and trees.Frank says she expects the city to move forward with demolishing the structures on the site. She said she hopes a plan for the property will be settled on in 2020. 2355
President Donald Trump has raised more than 0 million for a re-election battle that is more than two years away, giving him a massive financial advantage over a crowded field of potential Democratic contenders jockeying to challenge him in 2020.The President raised more than million during the July-to-September fundraising quarter through his campaign committee and the joint fundraising operations he maintains with the Republican National Committee, according to his campaign and filings Monday night with Federal Election Commission. That haul means his re-election effort's war chest now exceeds 6 million.Trump's campaign ended last month with more .4 million in available cash stockpiled in its bank account.Trump, who has challenged most political rules since launching his unorthodox 2016 presidential campaign, took the unusual step of filing for re-election the day he was sworn in to office in 2017. He began holding campaign-style rallies in the first months of his presidency. 1012
President Donald Trump called on the federal government to charge anyone toppling or vandalizing "any monument" with crimes related to the Veteran's Memorial Preservation Act — a charge that Trump says could result in a 10-year-prison sentence if convicted."This action is taken effective immediately, but may also be used retroactively for destruction or vandalism already caused. There will be no exceptions!" Trump said in a follow-up tweet.The law to which Trump is referring was passed in 2003. It says anyone who destroys a plaque, statue or monument "commemorating the service of any person or persons in the armed forces of the United States" can be sentenced to a fine and a maximum of 10 years in prison. However, the law only applies to monuments "located on property owned by, or under the jurisdiction of, the Federal Government." 851