Posted on 03/04/2018 8:00:35 AM PST by Kaslin
I hear that. So what you are saying then is that only steel and aluminum should get special tariffs because of their national security implications. Right?
Good post. Trump won an election on this and other pledges. It is not the least bit surprising to me that he is doing this. BTW, Bush did it and cancelled two years later, we have fewer steel producers today than at that time. So Bush did not save the steel industry. Was that because the tariffs did not work, or because he cancelled them in favor of global trade before they had a chance to work?
Personally, if the globalists are against the tariff, that makes my decision easy. Also, does this “tax” mean that we will pay off some of the tax break with tariff money? That sounds cool too.
And what about exempting some countries? The steel dumping countries will simply go through these exempt countries and run the blockade so to speak.
My guess, Trump will end the tariffs through the adoption of new trade deals with Canada and Mexico — what he wanted all along. Take that Larry.
On the subject of tariffs, I trust Wilbur Ross(secretary of commerce).
I think he knows what he’s talking about.
They are protective taxes.
I’m saying that Trump is right at every level. The so-called free traders never talk about the cheating or the dumping or the unequal access of other nations. His tweet is just the opening salvo that begins a process. Like Braveheart negotiating on the battlefield, why would you not show a united front? The swamp resist EVERYTHING that makes America stronger.
So you don’t mind paying one way(subsidize), just the other way(tariff) is bad?
My argument for subsidies is that if you want to ensure that we have production capacity for a militarily strategic good, then just subsidize it.
That would require an analysis of how much base production we would actually need to subsidize, realizing that we can usually quickly scale up production so long as the expertise is in-country, and then targeting the subsidy to one or two producers. If there’s already more than that, why subsidize at all?
Now look at tariffs. A fair percentage of the comments in here about maintaining production of steel for strategic reasons are worried about China. We buy hardly any steel from China and not that much from Russia. So what’s the point of the tariff? It’s certainly not to protect strategic production.
I call BS.
And the taxers never talk about the job loses due to these tariffs. There are millions more people who work for steel buyers than steel sellers. These are solid blue collar jobs. The margins for these manufactured steel products are thin. A 25% tariff will mean job loses. Get ready to own that.
I think it is. China will just get worse on the trade cheating unless they are slapped. China needs to be slapped in many areas. I see this as kind of an easy warning which shows great restraint on POTUS’ part. I personally do not think is nearly strong enough. Strategic materials is a part of it for me but there are other reasons we shouldn’t play nice with China. Competing with commie gubmint owned factories using labor working for slave wages is a fool’s game I do not think we should play. Tariffs help take away their slave wage advantage. I like the idea of tariffs much better than subsidies.
Since you still haven’t figured Trump out yet, I’ll just assume I’m pushing the stone uphill. It truly amazes me just how hard it is for people to understand his genius.
Since the EU butt wipes are s quick on the draw it seems they are protectionist too.
We are all protectionists now.
This supposed expert is just another Free Traitor™ liar. Smoot Hawley went into effect in 1931, 2 years AFTER the 1929 crash. What a bunch of BS.
Well he is an idiot like you if you think Smoot Hawley was passed in 1929. Smoot Hawley had minimal effect on the economy and didn’t go into effect until 1931. It was passed in 1930 way after the stock market crash. You are both buffoons and lairs. The only bigger hoax that free trade is good for the USA is global the warming hoax....
If the noose fits wear it.
Go ahead find a nation that makes steel with no import tariff LOLOLOLOLOL
“We buy hardly any steel from China...”
China dumps it’s steel into Mexico and Canada, then it gets here via NAFTA.
“So what’s the point of the tariff?”
Same reason we need a Wall.
Tariffs are taxes, period-—it’s basic economics.
Tariffs are taxes and so are income taxes. So what?? Consumption based taxes should be favored over income taxes with tariffs being the quintessential consumption based tax. Every Conservative should be wildly in favor of them.
These pinheads think tariffs imposed by other nations is great but the US doing so is a disaster.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.