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Trump Tariffs Cost 5 Jobs for Single Job Gained, Analysis Finds
The Daily Signal ^ | March 9, 2018 | Fred Lucas

Posted on 03/12/2018 10:25:15 AM PDT by Tolerance Sucks Rocks

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To: Tolerance Sucks Rocks

While I am not in favor of the tariffs (see my other comments below. I think the analysis overstates what I think is an otherwise good case against them. I do think on balance the tariffs will neither address our trade balance with China, nor be a net jobs saver and producer. But, I think the report overstates by a big margin the number of jobs that MIGHT be jeopardized by the tariffs.

And yet, as the “technology” sector has been immensely harder hit by unfair trade practices and the nationalist-mercantilist state-capitalist rigged advantages of tech manufacturing in China, it is in much greater need of correcting imbalances in than steel or aluminum - particularly in the dollar-volume of. Most American tech manufacturing companies products are NOT manufactured in the U.S. Many have major manufacturing plants in China.

If I wanted to help undo the trade imbalance with China and bring American manufacturing home, I’d have tariffs on every imported piece of telecommunications and video technology - across the board, whether produced by a U.S. company or a foreign company, making it advantageous for Apple and the rest to move manufacturing to the U.S., and seriously denting the trade balance with China.

The tariffs on steel and aluminum will hardly make a dent in the trade balance with China as China is not from whom we get the most imports of those materials. But tech is.


81 posted on 03/12/2018 12:16:41 PM PDT by Wuli (qu)
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To: Tolerance Sucks Rocks
I don't know if the analysis is correct, but the underlying issue of targeted tariffs certainly is. Imposing tariffs on specific raw materials like steel and aluminum effectively pits different domestic industries against each other.

Whether a tariff on steel is a good idea or a bad idea depends on whether you're SELLING steel or BUYING it.

82 posted on 03/12/2018 12:16:53 PM PDT by Alberta's Child ("Go ahead, bite the Big Apple ... don't mind the maggots.")
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To: DouglasKC
Manufacturers will do what they've always done...find other ways to save money AND be more efficient.

Why doesn't this line of thinking apply to steel and aluminum producers?

83 posted on 03/12/2018 12:17:47 PM PDT by Alberta's Child ("Go ahead, bite the Big Apple ... don't mind the maggots.")
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To: MNJohnnie

That doesn’t answer my question. It’s alleged that because of the tariff the steel companies will begin competing with each other and through that and efficiencies will drive the prices down to the pre-tariff rates. If they were willing to do that in the first place then they didn’t need the tariff.


84 posted on 03/12/2018 12:18:21 PM PDT by DoodleDawg
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To: central_va

Learn something new everyday.


85 posted on 03/12/2018 12:20:51 PM PDT by wally_bert (I didn't get where I am today by selling ice cream tasting of bookends, pumice stone & West Germany)
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To: billyboy15

That message was kind of funny.

It was long-winded management speak.

I was going to have the original cj7 wheels and center caps redone by them. They were original.

The more I thought, the more on the fence I was. I’m going with white wagon spoke type wheels.


86 posted on 03/12/2018 12:24:16 PM PDT by wally_bert (I didn't get where I am today by selling ice cream tasting of bookends, pumice stone & West Germany)
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To: Tolerance Sucks Rocks

Total Bull Shit! The same hucksters are using the same old tire platitudes that have been proven totally false.

We had the strongest economy in the world with tariffs.

Removing them has been a disaster. It de-industrial prized the United States.


87 posted on 03/12/2018 12:26:43 PM PDT by Enlightened1
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To: Alberta's Child

Because their customers have always had the out of buying low cost goods form countries that do not impose the same labor/saferty/environmental standards we impose on our industries


88 posted on 03/12/2018 12:29:52 PM PDT by MNJohnnie ("The political class is a bureaucracy designed to perpetuate itself" Rush Limbaugh)
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To: MNJohnnie

Those customers still do. And they almost always have the option of using different materials, too.


89 posted on 03/12/2018 12:31:25 PM PDT by Alberta's Child ("Go ahead, bite the Big Apple ... don't mind the maggots.")
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To: DoodleDawg

Actually it does.

But, as usual, you are not actually interested in facts and discussion, you simply want to pursue your habitual knee jerk contrarianism.


90 posted on 03/12/2018 12:31:34 PM PDT by MNJohnnie ("The political class is a bureaucracy designed to perpetuate itself" Rush Limbaugh)
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To: Tolerance Sucks Rocks

It’s the other way around. We will gain 5 out of 6 jobs.

Please takes your lies and con some where else.

We tried your Bull$hit economics and pseudo math and everyythey are saying was a proven lie.

If we have 0 tariffs, then jobs will leave. It will destroy our economy to lose our industrial jobs. Just like it had been over the last 20 years.


91 posted on 03/12/2018 12:32:33 PM PDT by Enlightened1
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To: Alberta's Child

That is not actually true.


92 posted on 03/12/2018 12:34:36 PM PDT by MNJohnnie ("The political class is a bureaucracy designed to perpetuate itself" Rush Limbaugh)
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To: MNJohnnie
Really?

A few years ago Ford made a decision to manufacture their F-150 pickup trucks out of aluminum instead of steel. You don't think other processes have the same flexibility in materials?

93 posted on 03/12/2018 12:47:48 PM PDT by Alberta's Child ("Go ahead, bite the Big Apple ... don't mind the maggots.")
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To: Alberta's Child

Ford is an OEM, they can make F150’s out of Swiss cheese if they want to. Do you think all metal purchasers are OEMs? Different materials can not be swapped randomly for a given process/outcome.


94 posted on 03/12/2018 1:00:32 PM PDT by crosdaddy
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To: crosdaddy
Certainly not all of them -- but a lot of them sure can.

I remember the ad campaign a few years ago where Poland Spring made a big deal out of their initiative to become more "environmentally friendly" by reducing the amount of plastic in their bottles.

They didn't really give a damn about the environment. They just wanted to reduce the plastic content of the bottles they used because the high cost of crude oil made the plastic so much more expensive.

95 posted on 03/12/2018 1:06:31 PM PDT by Alberta's Child ("Go ahead, bite the Big Apple ... don't mind the maggots.")
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To: Alberta's Child

Many purchasers of metal are job shop/contract mfgs, and have no say in the material used, it’s their customers part, and they very well could be tied into long term contracts with a set price over the contract period/# of pieces.


96 posted on 03/12/2018 1:18:40 PM PDT by crosdaddy
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To: crosdaddy

All I know is that tall buildings in this country are constructed by “ironworkers” — even though steel replaced iron as the standard material for skyscrapers long ago.


97 posted on 03/12/2018 1:21:28 PM PDT by Alberta's Child ("Go ahead, bite the Big Apple ... don't mind the maggots.")
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To: Tolerance Sucks Rocks
...could result...

Which also means may not result. I could win the lottery, too, but I may not.

98 posted on 03/12/2018 1:24:11 PM PDT by JimRed ( TERM LIMITS, NOW! Build the Wall Faster! TRUTH is the new HATE SPEECH.)
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To: ptsal
You are going to have a hard time jumping to new sources of supply.”

If you're at all savvy, you will have already scouted out the alternatives.

99 posted on 03/12/2018 1:27:50 PM PDT by JimRed ( TERM LIMITS, NOW! Build the Wall Faster! TRUTH is the new HATE SPEECH.)
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To: Tolerance Sucks Rocks

I am old enough to remember when this country had REAL steel mils-—REAL aluminum producers-—REAL loggers—REAL lumber mills-—REAL paper mills, and on & on & On. In N Calif alone, there were over 120 lumber mills where logged lumber was processed. Today, they are gone. How many jobs do you all think that amounted to? OVER an owl that will nest where ever it pleases.

I call BS on this headline.


100 posted on 03/12/2018 2:08:03 PM PDT by ridesthemiles
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