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To: jfd1776

The part I quoted is blatantly dishonest.
Steel will probably cost about 10% more considering the choices US and foreign providers and vendors have.

Tariffs are indeed tricky; punitive tariffs are usually well-deserved and beneficial overall.
A conservative supports tariffs that are needed for our security.


23 posted on 03/02/2018 6:22:24 PM PST by mrsmith (Dumb sluts: Lifeblood of the Media, Backbone of the Democrat/RINO Party!)
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To: mrsmith

Europe 2016: Guardian report:

An EU action plan to help Europe’s struggling steel industry to be announced on Wednesday is expected to include a proposal to levy punitive tariffs on subsidised Chinese imports, a move the UK government will oppose. Axel Eggert, director general of the European Steel Association (Eurofer), said the situation for Europe’s steel industry was now critical. The UK is one of the hardest-hit countries, he added, with the strong pound and relatively high energy prices raising the cost of British steel.

The industry in Europe blames the crisis on state-owned steel companies in China – and to a lesser extent Russia and Belarus – that benefit from loans and subsidies that allow them to produce below cost. As a result, EU producers have not benefited from Europe’s rising demand for steel as the car industry and construction sectors rebound out of recession.L


24 posted on 03/02/2018 6:31:39 PM PST by Bookshelf
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