[Spartan79]

These "anti-dumping" tariffs will allow domestic steel producers to dramatically hike prices, which will simply be passed along to consumers. Domestically manufactured cars and a host of other products will become more expensive.

Of course, auto manufacturers in Korea, Japan, China etc. will not be paying these tariffs for rolled ssteel produced by their own nation's producers, so foreign auto manufacturer's will be able to undercut domestic auto manufacturers. GM and Ford sales will drop, foreign makers sales will jump - leading GM and Ford to clamor for protection.

The consumer gets screwed.

The primary reason for a tariff is that it enables the exploitation of the domestic consumer by a process indistinguishable from sheer robbery.

~ Albert Jay Nock

[free_life]

Not when tariffs are applied to foreign made cars.