steel tariffs

[Jkloc420]

Are you aware we already tried steel tariffs under bush? Do you know how many billions of dollars the economy lost because of it?

"Conservatives" apparently are against free trade and want big government to regulate and run their economy. Lol. Hypocrites.

actually we did do steel tariffs but the steel industry was merging and filing bankruptcy at the time. So there isnt really a conclusion if they hurt or helped.

 

[DriveInDriѵeOut]

actually we did do steel tariffs but the steel industry was merging and filing bankruptcy at the time. So there isnt really a conclusion if they hurt or helped.

The conclusion is overwhelmingly that they hurt. Those are the facts.

 

[Jkloc420]

Are you aware we already tried steel tariffs under bush? Do you know how many billions of dollars the economy lost because of it?

"Conservatives" apparently are against free trade and want big government to regulate and run their economy. Lol. Hypocrites.

The Sinking Of Bethlehem Steel A hundred years ago one of the 500's legendary names was born. Its decline and ultimate death took nearly half that long. A FORTUNE autopsy. - April 5, 2004

 

[Jkloc420]

The conclusion is overwhelmingly that they hurt. Those are the facts.

smoot-hartley was tariffs on over 20000 products

 

[DriveInDriѵeOut]

smoot-hartley was tariffs on over 20000 products

What's your point? That Republicans have always been hypocrites?

Are there any other industries you liberals want to regulate while you're at it?

 

[1989]

Are you aware we already tried steel tariffs under bush? Do you know how many billions of dollars the economy lost because of it?

"Conservatives" apparently are against free trade and want big government to regulate and run their economy. Lol. Hypocrites.

Oh, is this steel tariff the only tariff out there? The very first tariff?

 

[DriveInDriѵeOut]

Oh, is this steel tariff the only tariff out there? The very first tariff?

No.
Hope this helps you get up to speed.

 

[1989]

No.
Hope this helps you get up to speed.

Roger that. I’m an expert now.

 

[BrownArmy]

For every steel-manufacturing job, there are fifty other manufacturing jobs that use steel, something to think about.

 

[cosmo1]

Do you know we got a 25 percent tariff on are trucks

WTF are you talking about?

 

[cosmo1]

if it means more american jobs, people, including myself will pay that extra 1 cent on a six pack or 30 bucks more for a car

If your boy Trump has gotten what he originally wanted, you'd be paying 30% more for a car.

TTKU

 

[tonyexpress]

Century Aluminum Executive Backs Trump's International Tariff Plan

 

[MAKAVELI]

Century Aluminum Executive Backs Trump's International Tariff Plan

Why wouldn't he?

 

[tonyexpress]

Jobs, jobs, jobs. MAGA!

 

[Jkloc420]

trump is anti union

 

[tonyexpress]

Trump signs aluminum and steel tariff order that will take effect this month – but EVERY country on earth will be invited to negotiate exemptions from 'flexible' policy

All countries hit by US metals tariffs can negotiate exclusions: AP report
http://hhttps://www.reuters.com/art...-negotiate-exclusions-ap-report-idUSKCN1GK2VA

 

[It will be fine]

Jobs, jobs, jobs. MAGA!

I have yet to see an economist that believes tariffs create a net job gain. They all agree we lose more due to increased cost of materials.

 

[MAKAVELI]

Trump signs aluminum and steel tariff order that will take effect this month – but EVERY country on earth will be invited to negotiate exemptions from 'flexible' policy

All countries hit by US metals tariffs can negotiate exclusions: AP report

But but but but I thought he was going to make Mexico pay? By the way that wall just got even more expensive.

 

[tonyexpress]

I have yet to see an economist that believes tariffs create a net job gain. They all agree we lose more due to increased cost of materials.

Just have to wait and see... Could just be a way to make NAFTA more reasonable..

Well, let's talk about that, Steve, because we think there's been a lot of rhetoric on this issue, and we think it's really a bit of a red herring. So when you look at the actual potential price effects of a tariff here on the end user, we think it'll be negligible, if anything at all. But let's just assume for a second that the full effect of the tariff were to be passed along to the end consumer. Let's take a beer can, for example. There's about 3 cents' worth of aluminum in a beer can. So a 10 percent tariff on that beer can would mean the price of that beer can would go up by three-tenths of one penny, or about a penny-and-a-half on a six-pack. Take an automobile. Brand-new automobile, average automobile in this country is sold for about $35,000. There's about 400 pounds of aluminum in that automobile. If that full 10 percent were transmitted, it'd be about a $40 increase in the price of that $35,000 vehicle.

 

[It will be fine]

Just have to wait and see... Could just be a way to make NAFTA more reasonable..

Well, let's talk about that, Steve, because we think there's been a lot of rhetoric on this issue, and we think it's really a bit of a red herring. So when you look at the actual potential price effects of a tariff here on the end user, we think it'll be negligible, if anything at all. But let's just assume for a second that the full effect of the tariff were to be passed along to the end consumer. Let's take a beer can, for example. There's about 3 cents' worth of aluminum in a beer can. So a 10 percent tariff on that beer can would mean the price of that beer can would go up by three-tenths of one penny, or about a penny-and-a-half on a six-pack. Take an automobile. Brand-new automobile, average automobile in this country is sold for about $35,000. There's about 400 pounds of aluminum in that automobile. If that full 10 percent were transmitted, it'd be about a $40 increase in the price of that $35,000 vehicle.

INSKEEP: Here's a bigger impact, at least according to some economists. Stephen Moore - who has advised the president, by the way, on trade - said in an op-ed article over the weekend that these tariffs could protect 140,000 jobs - that sounds good - but then might put several million manufacturing and related jobs at risk because other countries are already talking of retaliation, as you know.