It's good to finally see a politician who tries to keep his promises. Trump ran on an economic nationalism platform where he promised to protect US industry and US workers from unfair practices among our trading partners, such as the dumping by foreign countries of their excess and often subsidized steel and other metals.
To: ek_hornbeck
CNN told us just now that it’s controversial. That’s how they control the conversation, by asserting the parameters.
2 posted on
03/01/2018 12:08:01 PM PST by
SpaceBar
To: ek_hornbeck
I won’t click on CNN, but it would be refreshing to get some real analysis on exactly why Trump’s putting the tariffs on. I am pretty sure according to CNN it’s because he sucks!
3 posted on
03/01/2018 12:09:06 PM PST by
gr8eman
(Since God has been banished from our classrooms, Satan has filled the void.)
To: ek_hornbeck
Unfortunate, but not unexpected.
To: ek_hornbeck
Bring it (trade war).
Only a stupid person would engage in a trade war with the largest market in the world, and one with which they have a substantial trade surplus.
The US hold all the cards here.
5 posted on
03/01/2018 12:12:42 PM PST by
Mariner
(War Criminal #18)
To: ek_hornbeck
6 posted on
03/01/2018 12:15:49 PM PST by
rurgan
(The Federal reserve r leftists raising rates to hurt Trump.Fed kept rates at 0 for all of obama yrs)
To: ek_hornbeck
Trump just became a shoo-in in the industrial heartland for 2020.
To: ek_hornbeck
President Trump announces he is like to impose global tariffs on imported steel and aluminum – in a broad effort to ensure U.S. national security and manufacturing capacity within a very important industrial sector.
Earlier today President Trump appeared to be accepting Commerce Secretary Ross proposals for 25 percent tariffs on imported steel and 10 percent for aluminum. It is likely the tariffs will apply globally to all imports because targeted national tariffs have not worked. China ships their manufactured steel to another nation first in order to avoid the tariff. As Secretary Ross has previously stated we end up with a whack-a-mole policy. So likely the tariff will apply globally regardless of the nation shipping the product.
The usual, the corporate GOPe and Chamber of Commerce politicians will go bananas.
Last year President Donald Trump requested a national security Section 232 trade-investigation, to conducted by the U.S. Department of Commerce and Secretary Wilbur Ross, specifically focusing on U.S. steel and aluminum manufacturing.
The discussion continued last month as President Trump met with a group of republican and democrat members of congress to talk about trade policy and focus attention on the lack of American steel and aluminum production. [The responses from the republican participants was very enlightening and disappointing.]
Commerce Department Recommendations HERE
15 posted on
03/01/2018 12:28:53 PM PST by
Bratch
("The only thing necessary for the triumph of evil is for good men to do nothing." - Edmund Burke)
To: ek_hornbeck
Could you’ve waited a few weeks to announce for the market to recover
fed chair rate hikes announced this week. Jeeeez.
To: ek_hornbeck
Re: “Trump said the US will impose a 25% tariff on steel imports and 10% tariff on aluminum...”
Which means the price of steel and aluminum in America will go up 25% and 10% - correct?
Before agreeing to this, I think we need to see a comprehensive report on the level of technology being used in American mills compared to the technology in the mills of the exporting countries.
If American steel and aluminum manufacturers are holding back on technology investments, there is absolutely no way Americans should subsidize them with higher prices!
To: ek_hornbeck
Well, I guess this will make those Korean washing machines we just put a tariff on a little more price cpmpetitive. Does Whirlpool support these tariffs too?
20 posted on
03/01/2018 12:40:15 PM PST by
oincobx
To: ek_hornbeck
35 posted on
03/01/2018 1:19:40 PM PST by
Bigg Red
(Francis is a Nincompope.)
To: ek_hornbeck
Steel is flooding into America from many different countries but the majority of it is Chinese steel, just dumped through other countries.
It is a risk to our security to not have a thriving steel and aluminum industry.
We need these metals to make sure we can produce our own planes, ships etc without being at the mercy of other countries.
Trump has made us energy independent. Now he’s going to make us metal independent.
Next I believe he will try to make us electronic (tech) independent.
We need a strong independent country. I think of Trump like a prepper. When the SHTF America will survive.
41 posted on
03/01/2018 2:02:43 PM PST by
weston
(HERE'S THE STORY: As far as I'm concerned, it's Christ or nothing)
To: ek_hornbeck
Did you see how mad Cornyn got about this? No Democrat would attack a Democrat president the way the Republicans to Trump.
To: ek_hornbeck
James Woods
Verified account
@RealJamesWoods
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James Woods Retweeted CNN
If #CNN were a newspaper, it would be on a drugstore rack screaming headlines about Bigfoot.
53 posted on
03/01/2018 4:06:50 PM PST by
combat_boots
(God bless Israel and all who protect and defend her! Merry Christmas! In God We Trust!)
To: ek_hornbeck
The end result will be to harm the industries that use steel and aluminum. It will cost jobs in those industries.
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