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Honda prepared to airlift 2,000 tons of steel to U.S.
Auto Insider ^ | Saturday, June 29, 2002 | Amy Strahan Butler

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 ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS: auto; honda; steeltariffs
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1 posted on 06/29/2002 3:40:27 PM PDT by Black Powder
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To: Black Powder
What a bluff.
2 posted on 06/29/2002 3:45:56 PM PDT by biblewonk
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To: Black Powder
We set up Tarrifs to protect and industry that cant even meet demand. This is easily the stupidest policy the Bush administration has made so far.
3 posted on 06/29/2002 3:50:30 PM PDT by Blackyce
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To: Blackyce
No it isn't. There is obviously an attempt to make it look that way, but it was a great idea. We can't let the market dictate us right out of the business of making arms, growing food, or making steel. The market is not God and we don't want to become dependent on foreign countries for certain things. TV's radios, cheap shoes and cameras, fine, but not steel, food and arms.
4 posted on 06/29/2002 3:55:06 PM PDT by biblewonk
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To: Blackyce
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

5 posted on 06/29/2002 3:55:54 PM PDT by patton
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To: Blackyce
Here, let me lend you a flame proof suit, your going to need it.
6 posted on 06/29/2002 3:57:38 PM PDT by ContentiousObjector
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To: Blackyce
We set up Tarrifs to protect and industry that cant even meet demand.

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.

7 posted on 06/29/2002 3:59:45 PM PDT by Willie Green
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To: biblewonk
so you feel you have the right to steal money from the pockets of hard working americans and American business to be redistributed to failing american businesses.

In other words, you are a socialist.
8 posted on 06/29/2002 4:02:34 PM PDT by ContentiousObjector
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To: ContentiousObjector
You just don't get it do you.
9 posted on 06/29/2002 4:13:47 PM PDT by biblewonk
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To: biblewonk
There is no middle ground, you are either a capitalist or a socialist.
10 posted on 06/29/2002 4:15:07 PM PDT by ContentiousObjector
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To: biblewonk
 We can't let the market dictate us...

...so we're going to dictate the market?

Look to the USSR for the refutation of
that  fallacy.  Clues for sale.

11 posted on 06/29/2002 4:16:18 PM PDT by gcruse
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To: patton
ee cummings did some great stuff.
12 posted on 06/29/2002 4:17:14 PM PDT by gcruse
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To: gcruse
It's even dumber than usual around here on weekends.
13 posted on 06/29/2002 4:18:06 PM PDT by biblewonk
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To: biblewonk
 We can't let the market dictate us...

...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.

14 posted on 06/29/2002 4:23:30 PM PDT by gcruse
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To: biblewonk
The market is not God

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.

15 posted on 06/29/2002 4:31:29 PM PDT by liberallarry
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To: Willie Green
This is just a pompous publicity stunt.

The end of the earth is at hand.

I actually agree with Willie Green!!!!!


16 posted on 06/29/2002 4:39:11 PM PDT by Common Tator
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To: liberallarry
Um, larry? See number 5.

I was the libertarian candidate for the VA assembly for my local district, but there are limits.

17 posted on 06/29/2002 4:45:57 PM PDT by patton
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To: Common Tator
A number of people have been saying that lately, including Lazamataz.

It's beginning to make me nervous.

18 posted on 06/29/2002 4:48:22 PM PDT by Willie Green
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To: biblewonk
Screw 'em. I could care less if a Japanese company squanders some money on such grandstanding. Hondo profits go to Japanese citizens not to US citizens. They make some autos here only because they got insane tax breaks to bulid factories and US labor is cheaper.
19 posted on 06/29/2002 4:51:49 PM PDT by dennisw
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To: patton
You're right.

#5 said it better than I did. But, after all, that was e.e. cummings.

20 posted on 06/29/2002 5:21:03 PM PDT by liberallarry
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