To: Tolerance Sucks Rocks
However, the consumer price hikes and price increases for business will cost 179,334 American jobs for the rest of the economy. There would be more than 36,000 American jobs lost in the manufacturing sectors, including a loss of more than 12,000 jobs for fabricated metals, more than 5,000 lost for motor vehicles and parts, and more than 2,100 in transportation equipment makers, according to the report. Complete baloney. Manufacturers will do what they've always done...find other ways to save money AND be more efficient. In the meantime US steel companies will compete with each other and it won't be long until costs are back to what they were or better.
To: DouglasKC
I got an update from a local powdercoating company that I deal with every so often.
They are raising prices 10% across the board because of the tariff.
Eventually I hope to have my own capability.
There is other stuff that is higher priority.
49 posted on
03/12/2018 11:06:19 AM PDT by
wally_bert
(I didn't get where I am today by selling ice cream tasting of bookends, pumice stone & West Germany)
To: DouglasKC
In the meantime US steel companies will compete with each other and it won't be long until costs are back to what they were or better. Why didn't the steel companies compete with each other and drive prices down before the tariff?
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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