Gerard on Steelworkers Support for Wilbur Ross

The transcript discusses the role of Wilbur Ross in revitalizing the steel industry, the union's relationship with the Trump administration, and the impact of trade deficits with countries like China and Mexico. It also highlights the need for a robust infrastructure plan in the U.S. and criticizes the term 'Rust Belt' for industrial regions.

What was one of the main challenges faced by the domestic steel industry in the early 2000s?

• Lack of skilled labor

• Flood of cheap imports

• High domestic demand

• Technological advancements

How did Wilbur Ross contribute to the steel industry according to the transcript?

• By increasing import tariffs

• By acquiring and revitalizing bankrupt companies

• By reducing workforce

• By closing down unprofitable mills

What is the Steel Workers Union's stance on working with the Trump administration?

• They are in constant conflict with the administration

• They fully support all administration policies

• They will work on some issues but not others

• They refuse to work with the administration

Which policy area does the Steel Workers Union agree with the Trump administration?

• Environmental regulations

• Medicare and Medicaid

• Infrastructure development

• Voting rights

What is the Union's view on trade deficits?

• They support increasing trade deficits

• They think trade deficits should be ignored

• They want balanced trade to protect jobs

• They believe trade deficits are beneficial

What is the Union's opinion on the term 'Rust Belt'?

• They find it outdated

• They find it accurate

• They find it humorous

• They find it offensive

What is a major concern regarding infrastructure development in the U.S.?

• Lack of skilled workers

• Political challenges in passing spending packages

• Overabundance of infrastructure

• Environmental impact