If U.S. steel and aluminum can only compete through tariffs there's something fundamentally wrong. I'm waiting for the broader American populace to wake up and realize they'll end up paying more to keep an uncompetitive industry alive.
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And just like that, the Dow year-to-date is down, partly due to the new protectionism. Fulfills a campaign promise. But will it be worth it?
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COAL; THE FUTURE OF AMERICA! How ridiculous; let's see how long it is before they shut down (or get black lung) with the new high prices on appliances, cars, Medical Equipment (healthcare), soft drinks, electronics and so on...
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How about the layoffs and higher prices overall that are also coming?
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A case cld be made for "dedicated"steel mills in America for security important products like Boening planes be set up,certainly.The large tariff ideas don't seem useful.
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AMERICA
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And how many of the rest of us are going to get screwed with this tariff
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You might want to learn basic econ
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You need basic IQ
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You need to understand what the means dim-wit
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So customers of this steel plant wouldn’t buy the product because it didn’t make economic sense to do so. Now the Federal government is basically forcing customers to buy it. Someone explain how this policy fits into the GOP platform.
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"Michael, we're bigger than U.S. Steel" ~Hyman Rothhttps://youtu.be/Rmxluz27Q-4?t=40s …
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