“I’m not well schooled on world trade so I can’t be sure that DJTs idea is a good one.”
It’s really very simple. Any time Ellerbe Becket, Kohn Pedersen Fox, Loebl Schlossman & Hackl, César Pelli & Associates Architects, RTKL Associates, RW Armstrong, Shreve, Lamb and Harmon, Skidmore, Owings and Merrill, or a number of other designers want to build a building here in the US, since the cost will exceed their capacity by using foreign steel, then they will use American made steel, made by American workers, on American soil. The workers will have a job, it will create further jobs for American workers, and the economy will flourish. And the main thing that all these names have in common is that they are American companies, every one.
And thats how you bring the business back to the US. And thats how you make America strong. No real science. Just take it to them.
rwood
Yes, steel and aluminum are not only strategic to our national defense, they also drag other jobs with them, as you said in construction, also iron ore mining and lots of transporation.
The tariffs chosen make a big difference. Note that Trump is not pushing tariffs in clothing because Asian clothing is far cheaper. Plus if you tariffed the imports of Chinese or Malaysian clothing, retail stores would go out of business -- they need the high mark-up to save enough money to afford people staffing their stores.
With Asian suppliers they can get a mark up 10 times their cost.