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Trump’s steel tariffs are hated by almost every US Industry
MSN/Vox ^ | 3-8-2018 | Alexia Fernández Campbell

Posted on 03/08/2018 4:00:58 PM PST by tcrlaf

Business leaders from nearly every American industry are furious with President Trump right now.

They’ve been pressuring his administration to back off from its plan to add steep tariffs on importedsteel and aluminum, which are used to make everything from cars to boats and even soup cans.

But the president has waved off their concerns. On Thursday afternoon, Trump is expected to sign an order directing the Commerce Department to add the 25 percent levy on steel and the 10 percent levy on aluminum. He did say, however, that his administration will exempt Canada and Mexico from the tariffs for a while.

The US steel industry is quite happy about the tariffs.

Almost everyone else is upset.

(Excerpt) Read more at msn.com ...


TOPICS: Business/Economy; News/Current Events; Political Humor/Cartoons; Politics/Elections
KEYWORDS: ignorance; steel; tariff; trump; trumptariffs
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I thought this was satire, until I read it.

It is still satirical, but the idiot author thinks she is being serious.

1 posted on 03/08/2018 4:00:59 PM PST by tcrlaf
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To: tcrlaf

There are over 12,000 + specific tariffs on imports to America.
2 more will not destroy the entire economy


2 posted on 03/08/2018 4:02:28 PM PST by Para-Ord.45 (Americans, happy in tutelage by the reflection that they have chosen their own dictators.)
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To: Para-Ord.45

Wow


3 posted on 03/08/2018 4:03:36 PM PST by dp0622 (The Left should know saying Syrian rebels in anost back in Trump is kicked out of office, it is WAR!)
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To: tcrlaf

Do other countries have tariffs on importing US Steel?


4 posted on 03/08/2018 4:05:10 PM PST by Paladin2
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To: tcrlaf

Interesting, is it not, that journalists - who have done virtually nothing productive in their entire lives, keep imagining that they actually know things which we do not.
And the Trumpster keeps giving them peanut butter wedgies and laughing at them.


5 posted on 03/08/2018 4:05:39 PM PST by Da Coyote
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To: tcrlaf

“Oh no, my Chinese (and imported-from-Vietnam Chinese) steel!”


6 posted on 03/08/2018 4:05:52 PM PST by Trump20162020
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To: tcrlaf

Trump’s tariffs have further divided the CommieCrat Party into the one world globalist faction and the and the union-purchased faction.


7 posted on 03/08/2018 4:06:49 PM PST by Ancient Man
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To: tcrlaf

National security concerns trump any opposition.


8 posted on 03/08/2018 4:08:13 PM PST by kanawa (Trump Loves a Great Deal)
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To: Para-Ord.45

I’m pretty sure Trump’s whole “Tariff” thing is meant to create some kind of “Leverage” ... Real or imagined ... as a prelude to renegotiating the NAFTA trade agreement as well as other trade agreements with other nations.


9 posted on 03/08/2018 4:08:19 PM PST by R_Kangel ( "A Nation of Sheep ..... Will Beget ..... a Nation Ruled by Wolves.")
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To: tcrlaf

Tell them to shove it. Their tax cuts will offset any increased costs due to these tariffs several times over. Their future profit picture is still far brighter than it was just a few months ago.


10 posted on 03/08/2018 4:10:30 PM PST by Will88
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To: R_Kangel

Very much so, but national security and having the industries necessary to defend ourselves are just as important.


11 posted on 03/08/2018 4:11:51 PM PST by refermech
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To: tcrlaf

Probably because almost every industry who exports is liable to retaliation for the steel and aluminum tariffs.


12 posted on 03/08/2018 4:12:05 PM PST by DoodleDawg
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To: tcrlaf

Maybe these haters can get bids on our tanks from China.

I’m sure the military will get a good deal.


13 posted on 03/08/2018 4:12:37 PM PST by JayAr36 (Washinton DC, District of Corruption proven daily)
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To: R_Kangel

Speaking of,

POTUS declares tariffs on Chinese steel, days later North Korea begs to talk and give up their nuclear weapons.

Coincidence I’m sure.


14 posted on 03/08/2018 4:13:47 PM PST by Para-Ord.45 (Americans, happy in tutelage by the reflection that they have chosen their own dictators.)
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To: JayAr36

With free GPS tracking thrown in!


15 posted on 03/08/2018 4:14:00 PM PST by RedStateRocker (Nuke Mecca, deport all illegals, abolish the DEA, IRS and ATF.)
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To: Para-Ord.45

Seems like it got China’s attention. That’s worth something.


16 posted on 03/08/2018 4:15:38 PM PST by RC one (Lying, cheating, deceiving & manipulating are as natural to Democrats as swimming is to fish.)
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To: tcrlaf

Business leaders from nearly every American industry are furious with President Trump right now.

Tough shit. It’s those very same “business leaders” who have raped our country of an entire industry and people’s livelihoods in order to line their own pockets for decades.


17 posted on 03/08/2018 4:17:06 PM PST by Pravious
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Poor democrats have worked so hard to eliminate our capacity to build our own weapons and eqipment f we ever got attacked, now trump went and f’d it all up


18 posted on 03/08/2018 4:18:25 PM PST by dsrtsage (For Leftists, World History starts every day at breakfast)
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To: tcrlaf

Hated?

I did not know that “industry” could hate. Can turnips hate? I did not know that industry had emotions. Would that be the management of that particular industry? Or the workers? The stockholders?

I am not making a statement of the wisdom of tariffs. In general I think they amount to a VAT tax on domestic steel bought by domestic companies and so in general I oppose them.

But I am wary of anything written in the popular press because the reliability quotient is generally zero with a rounding error.


19 posted on 03/08/2018 4:18:50 PM PST by Attention Surplus Disorder (Apoplectic is where we want them.)
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To: Paladin2

>>>Do other countries have tariffs on importing US Steel?

Steel has been determined to be vital to our national security by the Trump Administration. Wouldn’t that suggest that we should not allow it to be exported?


20 posted on 03/08/2018 4:22:24 PM PST by oincobx
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