A tariff of 25% won’t hurt anyone, except maybe China. A weaker dollar and more manufacturing will only help the US gain a little independence from the bankers.
An interesting thing for all of us to be aware of in our discussions.
Aluminum is still quoted in Dollars per Pound
Steel (in hot rolled coil commodities pricing) is quoted in Yuan per Metric Tonne. That is how much the Asian mills and fabricators control the market.
I was involved in steel fabrication for construction in the early 70s for a while as our steel mills died. They died for a lot of reasons, internal and external. The thing that needs to be realized is that markets helped kill our mills. They were old, they made a lower quality product compared to Japan (at that time the Asian giant) and the USA steel producers had put almost nothing back into our plants as the car and building market from 1940 to 1970 made a gravy train for them.
There are many different types of steel and a variety of prices for the commodity in general. Aluminum in very dependent upon energy costs as the smelting is a large percentage of the cost. Steel has dozens of factors making up its price, it is not just mill operation.