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The desirability of the jobs underscores a political dynamic often lost in the debate over Trump’s trade policy. In places like Sedalia, where 70 percent of residents of the surrounding county voted for Trump, steel jobs are prized over other blue-collar work. Sedalia assigned a team of 10 people to court Nucor for a year, and the state provided tax incentives that could total nearly $27.3 million over 15 years. Local economic development director Jessica Craig called the jobs “transformative.”.

Nucor gets a warm reception in Washington, too, where it’s the biggest spender on lobbying among steel firms, laying out $1.25 million so far this year, down from a peak of $2.71 million in 2015, according to vintage buffalo coin cuff links cufflinks Nucor disclosures compiled by the Center for Responsive Politics, Nucor’s political spending, which also includes millions of dollars in donations to political candidates, started under former CEO Dan DiMicco, who started in 2000 and stepped down in 2012, DiMicco went on to advise Trump on manufacturing during the presidential transition and is now a member of his Advisory Committee for Trade Policy Negotiations, a key venue for business leaders to influence U.S, trade negotiators..

Nucor also gave $1 million to a San Diego nonprofit in 2011, which was used by Peter Navarro - now a top Trump trade adviser - to make a film called “Death by China.” At one point, the film depicts a knife emblazoned with “made in China” plunging into an American flag as a voice-over intones: “China is the only major nation in the world that is preparing to kill Americans.”. DiMicco said his experience running Nucor shaped his views. “My customers came to me and said, ‘China is killing us’,” he said in an interview, “so this turned into something much larger than the steel industry … You may have to put tariffs on every product from China to change their behavior.”.

As they raise alarms about unfair competition, however, Nucor executives take pride in the company’s performance despite such headwinds, Nucor has been profitable since 1968 in every year but one – 2009, amid a global financial crisis, Nucor has also sought to block other companies’ efforts to win exemptions from the tariffs through a Commerce Department process that awards them in cases where, for instance, a company can’t find the type of steel it needs domestically, Nucor said it filed objections to about 10 percent of the more than 42,000 steel exemption requests vintage buffalo coin cuff links cufflinks received as of October 22..

They included those from companies such as NLMK Pennsylvania LLC, which sought exemptions for imported slabs it uses to make steel coils. “They don’t even make the kind of slabs we use,” CEO Bob Miller said of Nucor, who he believes wants to compete with him in selling coils. “It’s totally anti-competitive.”. The tariffs are boosting capacity of the slabs NLMK needs, Nucor said in a statement, so there should be “plenty of slabs available domestically.”.

Tariff critics argue that rising profits for the steel industry come at the expense of its customers and their workers, Higher prices mean steel users - companies making everything from tractors to skyscrapers - could cut 16 jobs for every one added in steel manufacturing, according to the Trade Partnership vintage buffalo coin cuff links cufflinks Worldwide LLC, a pro-trade economic forecasting and consulting firm in Washington, Tariff advocates call such worries overblown, “What you see six months into the steel tariffs is that the manufacturing economy is strong,” says Scott Paul, president of the Alliance for American Manufacturing..

Steel consumers say their cutbacks will come over time, as higher steel prices erode their competitiveness. Major automakers including Ford, Honda, Fiat Chrysler and General Motors have said the steel tariffs will mean billions of dollars in new costs for the industry, and GM recently announced cuts to North American white collar staff. The impact reaches far beyond auto factories to anyone who uses steel. Joe Pecoraro, a project executive at Skender Construction, a Chicago builder, said the tariffs caused him to delay two projects that would have produced at least 130 construction jobs.

(Reuters) - The investigation into Flipkart Group chief Binny Bansal that led to his resignation on Tuesday stemmed from an allegation of sexual assault that dates back a few years, a person familiar with the matter told Reuters, “In late July ., an allegation came to us, It was a claim of sexual assault against Binny,” the source vintage buffalo coin cuff links cufflinks said, adding the individual concerned was a former Flipkart associate who was not with the company at the time of making the allegation, “The investigation could not corroborate the allegation, It did, however, surface a lack of transparency on Binny’s part.”..



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