Trump says US will impose steel and aluminum tariffs

CNN ^ | 3/1/18 | Jeremy Diamon

[Eric Pode of Croydon]

The dummies who are using a static model here are the ones who are just looking at the steel and aluminum makers, and are pretending that there are no downstream job killing, price raising, export killing effects on all the metal-using industries.

If you respond, please don't forget to call me a "Free Traitor". I'd be flattered.

[central_va]

Except only a moron like you uses the static model for a dynamic situation. You are a simpleton or a traitor.

[cornfedcowboy]

That is a good thing. US steel makers will put on additional shifts and produce more and rake in huge profits. That is what we want for the US to gain market share. Increased price will mean increased supply. Law of supply and demand. Eventually the price point will come down to pre tariff levels but it will take time. You free traitors really f’ed over the country so this will be over the long haul. Cry me a river...

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I swear this is stuff from the Carter administration. Raise prices to increase supply? Ok. But why would steel producers want to make more steel when the margins are decreasing? Especially when they have a captive market and a 25% marginal advantage over their foreign competitors?
I know you will reply with some cuss words and personal attacks. This will be interesting.

[Sidebar Moderator]

Well said!

[central_va]

But why would steel producers want to make more steel when the margins are decreasing?

Ok, what are you saying about a tariff decreasing margins is silly stupid. A tariff INCREASES margins of domestic producers drastically. So your post makes no sense.

Additionally, do other domestic producers also have the same motivation to add production shifts(more US employment) and produce more, yes. With increased domestic production prices will come down. That is the law of supply and demand.

[Krosan]

I don’t know about steel, but aluminium smelting requires a lot of electricity and Canada has the advantage of having very cheap hydroelectricity in some places.