[presidio9]

The premise of tarriffs is to make a relative incentive for domestic investment over investment abroad. It has nothing to do with raising or lowering prices, which are determined by the marketplace demand quite independently of tarriffs.

So, in other words, the President just screwed a whole bunch of domestic investors?

[Hermann the Cherusker]

Not at all, unless the new US Steel and ISG suddenly get short of cash, which I think is unlikely.