Marilyn Geewax, who recently retired as an NPR business editor, returned to Ohio for her class's 45th reunion. The visit showed how things changed dramatically for retirees in just one generation.
The U.S. steel industry has enjoyed protection from foreign competitors since the 1790s. It says new import tariffs are actually just leveling the playing field and shouldn't be labeled "protection."
A special adviser to the president until August 2017, Carl Icahn has earlier said he never had access to nonpublic information or profited from his onetime position in the administration.
The president promised steel and aluminum executives that he will levy tariffs on imports of their products in coming weeks. The tariffs will be 25 percent for steel and 10 percent for aluminum.
President Trump is weighing tariffs or quotas on steel and aluminum imports. But a backlash is brewing by aerospace companies and other manufacturers, who say such moves will drive up costs.
President Trump is warning that he may slap new restrictions on steel imports, relying on a seldom-used law designed to protect domestic industries deemed vital to national security.
The steelmaker is asking a U.S. agency to investigate its claims that the Chinese government not only dumps steel at unfair prices, but also uses computer hackers to steal intellectual property.
Commerce Secretary Penny Pritzker says the United States will join other nations in trying to curb China's steel output. Chinese steelmakers are overproducing, hurting prices and jobs, she says.
Steelworkers in Birmingham, Ala., are trying to figure out a new future now that U.S. Steel, one of the last major steel-making operations in the South, has closed.
The company is closing the blast furnace at the plant near Birmingham, which once rolled steel for ships during World War I and was the center of the city's steel industry.
