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To: Whilom
If we permit other nations to subsidize their steel industries and take a rising share of our market to the extent that our domestic production declines, even ceases, don't we put ourselves into a situation analagous to our dependence on foreign petroleum? If our suppliers cut off the supplies, then what?

I guess that could happen. I'll bet you big money it won't.

If other nations are subsidizing their steel industry they are basically taking money from their taxpayers and giving it to our steel consumers.

I say bring it on, sell us your stuff cheap. I don't see why we should follow their stupid example.

There is an enormous world glut in steel. There will always be someone to sell to us.

I wouldn't feel comfortable if 100% of our steel industry went bye-bye but if the old inefficient producers went away there would still be plenty of work for the smaller, more efficient mills.

We still produce the high end, value added steel products here. The stuff getting the tariffs is, if I understand correctly, mostly low-end cheap stuff.

39 posted on 03/09/2002 1:39:37 PM PST by Toddsterpatriot
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To: Toddsterpatriot
How many manhours does it take to produce a ton of steel in America today?
42 posted on 03/09/2002 1:46:11 PM PST by jwalsh07
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To: Toddsterpatriot
If other nations are subsidizing their steel industry they are basically taking money from their taxpayers and giving it to our steel consumers.

I say bring it on, sell us your stuff cheap. I don't see why we should follow their stupid example.

These are the same people that defend farm subsidies. If the people of another nation did to our agriculture what we are doing to their steel, we might as well cut their government a direct check c/o the us taxpayer.

45 posted on 03/09/2002 2:11:12 PM PST by VA Advogado
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