Jim Zarroli

Jim Zarroli is a business reporter for NPR News, based at NPR's New York bureau.

He covers economics and business news including fiscal policy, the Federal Reserve, the job market and taxes

Over the years, he's reported on recessions and booms, crashes and rallies, and a long string of tax dodgers, insider traders and Ponzi schemers. He's been heavily involved in the coverage of the European debt crisis and the bank bailouts in the United States.

Prior to moving into his current role, Zarroli served as a New York-based general assignment reporter for NPR News. While in this position he covered the United Nations during the first Gulf War. Zarroli added to NPR's coverage of the aftermath of Hurricane Katrina, the London transit bombings and the September 11, 2001 attacks on the World Trade Center.

Before joining the NPR in 1996, Zarroli worked for the Pittsburgh Press and wrote for various print publications.

Zarroli graduated from Pennsylvania State University.

For all his harsh rhetoric about unfair trade practices by China, President Trump stopped short of taking any punitive actions against Beijing during his first year in office.

But that may be about to change.

When President Trump announced tariffs on steel and aluminum imports this month, he said protecting the two industries was vital for national security.

"We want to build our ships. We want to build our planes. We want to build our military equipment with steel, with aluminum from our country," he said at a March 8 White House news conference.

In other words, the U.S. military should be as self-sufficient as possible, and not rely on other countries to supply the essential materials it needs for defense.

When President Trump announced plans to impose tariffs on steel and aluminum imports last week, he made clear he views a healthy steel industry as vital to the economic and military success of the United States.

But the industry is under threat from steelmakers in competing countries, especially China, which has emerged as by far the largest and most powerful producer on earth.

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As the Trump administration sees it, U.S. steel and aluminum industries are in crisis, rapidly losing ground to foreign competitors and hemorrhaging jobs along the way.

But proposed import tariffs and quotas have other manufacturers worried that they'll become less competitive in the global marketplace.

How the administration responds to the problem is something Mark Vaughn is watching very closely.