Mark Levin: Trump's tariffs are an unpatriotic tax on all Americans

American Thinker ^ | 03/02/2018 | Ed Straker

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President Trump is raising tariffs 25% on steel and 10% on aluminum, claiming that cheap steel from other countries has hurt the American steel industry.  His claim, that steel imported at lower prices hurts our steel industry, is certainly true.

But talk show host Mark Levin says Trump's tariffs are crony capitalist gifts for wealthy steel-owners that are bad for the economy as a whole.  On his talk show last night, he listed a number of reasons why:

1. Industries that depend heavily on steel, such as auto and airplane manufacturers, will take a big hit.  With the increase in the price of steel, they will have to increase the price of cars and planes, reducing sales and profits, and ultimately, these manufacturers will have to fire employees to compensate for the inevitable losses.

2. Industries that even peripherally rely on steel will be affected as well.  Just think of any business that needs anything made of steel, whether it be cars, refrigerators, trucks, stoves, computers, or any number of other things.  They will all have to raise prices to compensate.

3. The ultimate end purchasers of anything made of steel, or anything made with steel, will have to pay higher prices.  Levin frames this as a loss of liberty, which is correct, and, equally important, as a tax that punishes the American people.  Every time you pay more for a car or a boat or a can of beans or even a loaf of bread, which is made in an oven, which, guess what, is made of metal, you will have to pay more.  Because metal is so ubiquitous in manufacturing, Trump's tax will make you pay higher prices for nearly everything you buy.

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RE: Levin was a never Trumper up until Election Day.
We don’t really know if he voted for Trump!

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Like me, Levin was a supporter of Ted Cruz. How does the word “Never” apply here?

And we know he voted for Trump because HE SAID SO ( unless you want to call him a liar, and I don’t believe that he is (,

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EDIT TO ADD, Levin endorsed Trump over Hillary AFTER Trump won the nomination.

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RE: Globalist???

Depends on the MEANING you put into the word.

Does one who wants to restrict STEM imports from overseas because one believes that we have enough STEM graduates and workers in this country (like Levin does ) count as GLobalist?