Posted on 03/05/2018 4:14:02 AM PST by SMGFan
Canada is a problem, and if not already will be a main access point for terrorost to the US. They are a bunch of self-righteous socialists, and need to be banned from the US unless they obtain a Visa.
To deal with drugs, Trump should declare war on a cartel and just go one day and wipe all traces out. The where is or can be known and then tightened to reduce the number of dead to hundred.
When Mexico bitches...... let them bitch. Then go after the complicit bitchers
Agreed. We are going to be buying a huge amount of things ranging from petroleum products, to minerals, to lumber, and sending what back to them...iPhones or Fords?
Of course there is going to be an imbalance there. I think our main export to Canada is by far, vehicles (trucks, cars, excavators, etc).
Are you saying unemployed Americans in states like Ohio and Michigan wouldn’t walk back into steel mills and take jobs?
Canada buys more of our exports than any other country in the world. Our exports to Canada are about two and one-half times the value of our exports to China.
Given all the diversion schemes at work, tariff policy is 3D chess. The steel tariff is an incentive for any US plant with a product involving substantial steel content to shift it abroad. So to keep those plants busy, we’ll need to tariff their products. And so on.
yes
those steel mills will all be down south
Right. And the U.S. is by far the largest importer of Canada’s products and raw materials. That’s a function of history and proximity. I believe there is more trade conducted between these two countries than between any other two counties in the world.
Wow! Someone actually keeping campaign promises.
The steel tariff is also an incentive for any U.S. manufacturer that makes products with steel to replace the steel with something else.
I would say treat our farmers better, but make sure they offer decent working conditions and hire American workers.
And we need to stop the CIA/Deep State role in the drug trade before we go cracking down on other countries.
Shallow thinking. The reason steel is used is because there is nothing available as a replacement.
I visit several companies that use steel. Most all of it is imported. For any given product, there might be various steel products imported from as many as 8 or 10 different countries. The steel is all purchased from American distributors.
Two of the companies are American he subsidaries of foreign companies. One previously had a facility in China that made a key component. No longer. they reverted to their plant in the EU.
I review hundreds and hundreds of Material Test Reports and excepting that noted above, have never seen one for material sourced from china.
My narrow window seems to show that American steel distributors aand their manufacturing customers don’t buy Chinese steel.
As of the end of 2017 China is our number one trading partner with $636 billion compared to $582 billion with Canada and $557 billion with Mexico. China ran a $375 billion trade surplus with the US compared to Canada’s $18 billion and Mexico’s $71 billion.
China uses Canada and Mexico as intermediaries to get some of their exports into the US taking advantage of NAFTA.
I struggle to see how taxing Chinese imported steel won’t increase orders for South American steel?
Looks like we already get quite a bit from these sources.
https://www.trade.gov/steel/countries/pdfs/imports-us.pdf
Steel has already been replaced by other materials in many products, for lots of different reasons. Heck — Ford now uses aluminum for their F-150 pickups.
Thanks for posting that info.
I review hundreds and hundreds of Material Test Reports and excepting that noted above, have never seen one for material sourced from china.
My narrow window seems to show that American steel distributors aand their manufacturing customers don’t buy Chinese steel.
Interesting thread/dicussion BUMP! HOORAY President Donald J. Trump!
No one is going to rebuild steel mills because of a tariff that might not be there a year from now. The steel manufacturers will pocket the subsidy, but won’t invest. At least not in any economically meaninful sense.
Our steel industry is already operating at close to full capacity. There is not a lot of hiring that could be done.
The market problem is Chinese overcapacity that has driven down prices, but we buy very little steel from China. Our imported steel is mostly from Canada and Brazil and Mexico and Europe.
We’re taxing ALL steel. The tariff applies to all imports not just China.
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