Posted on 06/29/2002 3:40:27 PM PDT by Black Powder
Edited on 05/07/2004 7:08:55 PM PDT by Jim Robinson. [history]
WASHINGTON -- Honda Motor Co. is prepared to airlift 2,000 tons of carbon sheet steel to its U.S. and Canadian factories next month if the automaker can't secure adequate supplies from U.S. steel producers, the company said. The Japanese automaker's plans were prompted by steel-import tariffs of as much as 30 percent that President George W. Bush imposed in March to protect companies such as U.S. Steel Corp. and Bethlehem Steel Corp. As a result of the tariffs, steelmakers are renegotiating contracts, and Honda may face a shortfall. Honda's U.S. factories get more than 90 percent of the steel they use from domestic suppliers. Airlifting that much Japanese- made steel is a costly solution to what the company says it hopes will be a temporary problem. "It's not cheap," said Ron Lietzke, a spokesman for Honda in the U.S. "It's worth it for us to do this for a short time in order to maintain production at our plants in North America." Non-U.S. steelmakers, including Arcelor SA, the world's largest, the U.K.'s Corus Group Plc, and their U.S. customers are trying to avoid the tariffs by seeking a total of 2,000 exemptions for more than 1,300 different steel products. Trying to ship that much steel "would outdo the Berlin airlift," said Alan Wolff, counsel to domestic steel producers such as U.S. Steel, Bethlehem Steel and National Steel.
(Excerpt) Read more at detnews.com ...
plato told him:he couldn't believe it(jesus told him;he wouldn't believe it)lao tsze certainly told him,and general (yes mam) sherman; and even (believe it or not)you told him:i told him;we told him (he didn't believe it,no sir)it took a nipponized bit of the old sixth avenue el;in the top of his head:to tell him
ee cummings
The industry can meet the demand.
This is just a pompous publicity stunt.
No moron would be dumb enough to airlift 2000 tons of sheet steel.
Much cheaper to simply pay the tariff.
...so we're going to dictate the market?
Look to the USSR for the refutation of
that fallacy. Clues for sale.
...so we're going to dictate the market?
Look to the USSR for the refutation of
that fallacy. Clues for sale.
It's even dumber than usual around here on weekends.
That's the best you can do? You must have
thought this out. I await comments on
the success of central planning.
Ad hominems are nothing more than
obfuscated surrender.
Isn't that a risky statement to make on this site? If the market isn't God then perhaps there are all sorts of good reasons to override, regulate, or second-guess it. Maybe socialism isn't so bad after all.
The end of the earth is at hand.
I was the libertarian candidate for the VA assembly for my local district, but there are limits.
It's beginning to make me nervous.
#5 said it better than I did. But, after all, that was e.e. cummings.
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