Posted on 03/04/2018 8:00:35 AM PST by Kaslin
I know that and I also know that DJT kicked Gary Cohn to the curb when he decided to PROTECT American steel & aluminum. God bless Trump for keeping his promise to the rust belt states while turning his back on the internationalists who shameless vie for political power.
Trump's tax cuts and deregulation efforts will likely more than pay for the tariffs.
“I’ve heard all this internationalist slop x 30 years while watching American jobs flee our shores, China become a superpower and our trade deficit explode”
BTTT!
“And they work. Just look at the overbuilding we’re getting of wind and solar power. Not that these are strategic, but subsidies work.”
Subsidies are a tax on everyone. Tariffs are more specifically targeted.
Yes, in an ideal situation there would be no tariffs, which would remove the possibility of any government picking winners and losers within their own country or anywhere else. And no need to identify certain industries that might need protection or some other euphemism for protection or favor. That probably depends on the other side going along with the same philosophy, all the time.
That doesn’t explain why tariffs were imposed against a trading partner as benign as CANADA, does it?
Every industry makes the same special pleading.
Subsidize farmers because troops need food.
Subsidize oil because tanks use gas, etc.
Are you telling me the you support tariffs only for these two metals and nothing else?
I don’t think tariffs are a bad thing. They just make a hell of a lot more sense if they’re imposed uniformly on ALL imports from any given trading partner.
There is that, but the trading partners would also have to consider the relative value and scarcity of the various imports. As in a rare metal, or a complicated finished product, might be worth a higher tariff than wood or corn. I just don’t think there is one size fits all that works here.
If I own a company in the U.S. that uses steel or aluminum in a manufacturing process, a tariff on steel and aluminum is a huge incentive for me to relocate my company to another country that does NOT impose this tariff. That’s really what drives economists like these authors nuts about these targeted tariffs.
Why on earth would anyone believe anything Free Traitors say when they have a 30 year track record of failure?
You've perfectly described the 30-year lure of NAFTA/GATT/WTO and incidentally that relocated American company ceases to be an American company when it moves. You get that right?
Do research. An aluminum pot line can take 6 months to restart after it’s shut down. That’s why countries dump metals in America. Once a steel mill shuts, it stays shut.
Yeah ok. Find my latest post here. Then tell me what you think.
We’ll see.
Trump is business first and while remedying some inequalities is not going to throw the baby out with the bath water. Trump is not an isolationist 1930’s Pat Buchanan
No manufacturing jobs were exported, ever. Production was moved. Had the production remained in America, the jobs would have been lost because because the company failed
How exactly are you defining “failure” in this context?
Right. But there are plenty of companies headquartered in the U.S. with operations all over the world.
Eff NAFTA! Shut NAFTA down!!
Those #nevertrumper bush loving WTO people who oppose the 30% tarriff on steel and aluminum imports most likely are bed buddies with the koch brothers and the rothchilds
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