Reminder if you support these tarrifs you are a fucking idiot who unironically supports policy which will decrease economic output and jobs in sectors that purchase/use steel with the possibility of causing retalitory tarrifs by foreign countries which harm the economy further
I get you all want to support american business but globalization fucked that industry and there is no fixing it at this point
Prove me wrong
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b-but muh 30k jobs that will be "saved"
Tariffs only hurt people that can't produce goods and people who live in mudhutts. Tariffs force business to stay at home because its cheaper and better ways of automation to make it even more cheaper.
Tariffs = more domestic industrial output
Tariffs = more technology to keep up with demand
Win/win
Tariffs are literally a negotiating tactic to force American allies to increase defense spending
Think about all the things produced with aluminum or steel
Now think about how many jobs/money there is in all those indistries vs the steel/aluminum industry
There is no net positive here
...
>yfw you have no argument
Trump is offering all American allies the opportunity to request a waiver to the tariff and this waiver will come at the cost of increasing defense spending.
Yes, America will begin to produce more aluminum and steel. Whats your point?
At a higher cost which eats at the bottom line of literally anyone who consumes those metals which means, higher prices on whatever they produce be it cans or cars or airplanes or buildings or utility poles or pipes or tools or fucking anything, if not higher prices then fewer new people will be hired in those industries or they will lay off current employees to downsize
More Americans have jobs than any other time. Shut up.
Its ok to harm our economy cause its been doing good recently
Higher prices domestically only means businesses will find a way to get aluminum and steel cheaper. When the mining/recycling industry sees there is a huge domestic demand for it, they will compensate and start producing more to make money.
In a country as big as America, we will see those industries grow to compensate the rise in prices so they can make their profit. When that profit is spent IN AMERICA, not overseas, we'll see economic growth.
Two shuttered steel plants have reopened and hired 1500 people.
Your move commies
At least he exempted Canada which shows he isn't completely retarded.
Imagine calling someone else communist for supporting pro business free market policy that doesnt artificially have government select winners in the market
Give me any real indicators or precedent that says any of what you claimed will happen
Fuck you namefag
I dont give a shit about the profits of international corps who betray their own people.
Do not reply to troll posts, Report them
America is the largest economy and has one of the most flexible markets in the world. The indicator and precedent is how economics and the free market works.
More (domestic) demand = more (domestically) produced
>exempted
for now
If Trudcuck continues to be a big a cuck like his nonbiological father, Canada will get the shaft as well
You still give me no actual methodology as to how we can realistically get domestic metal prices at a price competetive level to where we buy it now which is the only scenario I would say these tarrifs are justified
Enjoy paying more for commodities and services aloungside decreased macroeconomic health because you have an irrational hatred of companies
>prove me wrong
>Trump: hold my beer
People who think a trade war will hurt America are flat out retarded. The wotld already taxes what little we export into oblivion, while the largest consumer economy on the planet charges them nothing to import.
Meanwhile, we sit on massive natural resource reserves that we locked ourselves out of, destroyed our own industries with taxes, and engaged in flat out suicide on trade deals.
How many people drive Fords in Europe? Chevies in Japan? If we taxed Europe's imports on the few things they do produce, even officials admit, their economy would implode.
Now the fucking japs admitted they sold us inferior laundered Chinese steel on purpose, and all Chinese microchips have back door security breaches built right in.
Not having tariffs would be suicide. Its been proven thru our own history already.
>at a higher cost
Explain.
Why does a Ford Fiesta cost less than a Mercedes? Is there more steel in a Mercedes?
What do you buy on a regular basis that contains so much foreign steel that a 20% tax will cripple you?
>no actual methodology as to how we can realistically get domestic metal prices at a price competetive level
Here let me repeat exactly what I said
>America is the largest economy and has one of the most flexible markets in the world.
>economics and the free market
>More (domestic) demand = more (domestically) produced
If you don't think we have the capability to produce at similar pre-tariff levels in a year or two then Trump must be ruling some African shithole
First of all comparing a fiesta to a mercedes is lol tier
Second of all a fiesta made with more expensive american steel will obviously cost more than a fiesta made with cheaper foreign steel, noone but a fool would argue this
Thirdly it doesn’t matter what I personally buy as this is a macroeconomic policy that doesnt yield net gain
The US is deep down with the trade balance by hundreds of billions of dollars. Someone had to put an inversion to this trend.
I dont question our ability to produce I question our ability to do it in a price competetive manner
Daily reminder that if you oppose tariffs, you are a literal marxist commie. Karl Marx was a supporter of free trade. Here's the relevant quote from him:
>Karl Marx, On the Question of Free Trade
>Public Speech Delivered by Karl Marx before the Democratic Association of Brussels January 9, 1848.
>But, in general, the protective system of our day is conservative, while the free trade system is destructive. It breaks up old nationalities and pushes the antagonism of the proletariat and the bourgeoisie to the extreme point. In a word, the free trade system hastens the social revolution. It is in this revolutionary sense alone, gentlemen, that I vote in favor of free trade.
The jew sums it up pretty good: Protectionism is conservative, and the marxist seeks to break it down. If you are a patriot, and an opponent of marxism wherever it is found, you will be in favor of fair trade, and against unrestricted or free trade.
I actually know people who work in the steel sector. They like the tariffs lol. I'll never take the word of some leftist faggot who's never held a job in his life over people who actually put labor into the industry.
There are two options when prices are high.
Very high prices: the industries will find new ways to produce more effectively and cheaper.
A little high: Industries will expand but will not change in terms of technology.
More output = more supply = demand met = prices return to reasonable levels
A small increase in prices will only mean that what money that was being shipped overseas will stay here plus some more.
>globalization fucked that industry
its more a lack of the commodity that fucked american steel. its mostly just recycling and reselling now days. without the other sources and only canada and australia getting through the other sources will probably cut their sales to those 2 to make this look bad since both of them just resell
australia had a actual steel industry but it was determined they dont have any more significant deposits and would have to strip mine the outback which they seem reluctant to do. the red sand is partially due to iron oxide but there arent any major veins left now
Marx was also wrong about literally everything lol
International free trade is the market reaction to the globalization of national economies that has been in the making for 1000s of years, trying to save something that is dead is only going to raise economic burdon on the economy for this false idea that government can save one industry without harming others
You’re projecting hard as fuck I work at an electrical utility
If you produce enough, the price comes down. Its called supply and demand.
Do you REALLY think americans with relatively high wages can compete with cheap chink slave labour tier wages
Or they raise prices on their products, I really doubt they will opt to pour money into R&D when they could just scale prices or downsize their workforce
>projecting
>about actual people that I know who actually work at steel mills
Yeah ok sure, whatever you say.
youtube.com
Banks were doing this with aluminium.
So are kikes upset because this doesn't allow them to speculate commodities by out stocking the competition with cheaply imported steel? Get fucked.
The problem with the tariffs is that it will penalize American finished goods (production). Since raw materials will increase in price (but only in the US) goods made from those materials will increase in price.
In effect this makes finished goods cheaper if made someplace other than the US.
I have a good friend that owns a small company that produces finished goods. He has received notice from his suppliers that prices will be going up. They don't know how much just yet.
He is already struggling to compete with over seas (China mostly) manufacturing and the increase in price is not a good thing as it puts him at an even worse competitive position to the Chinese.
Tariffs may be a good thing in net, but it is not true to suggest that it is simply a good thing. We really should have looked at finished goods tariffs instead. More jobs are tied up in that anyhow. Maybe Trump will look at that next.
Anti-globalization measure need to be supported if only ecological reasons. Free trade without a level playing field doesn't benefit us, it benefits (((them))).