Posted on 03/08/2018 4:08:13 PM PST by Para-Ord.45
Congress is preparing assail China for protectionist policies, like a 105.4% tariff on US poultry. But anyone who thinks America is a perfect practitioner of free trade needs to wake up.
The International Trade Commission lists over 12,000 specific tariffs on imports to America. Hundreds of agricultural, textile, and manufacturing items are highly protected. So are obscure items like live foxes.
-Non-specific dairy products -- 20% tariff on imports -Most vegetables -- 20% tariff -Asparagus and sweet corn -- 21.3% tariff -Synthetic outerwear -- 28.2% tariff
(Excerpt) Read more at businessinsider.com ...
Politicians have been lying for ever.
Obama came here, Biden came here, and folks rejected them.
YSU has a great STEM dept, but those with STEM degrees leave.
Obama made no dent on the valleys troubles.
Liberal idiots like Kucinich and Kasich tore out the infrastructure to make way for bike paths.
We need jobs.
“Fair” is where the pigs f***.
The great Walter Williams has elaborated on that very subject many times in the last 30 or 40 years.
But then he's only an economist, what does he know? <\sarc>
These guys were small potatoes...
Touche
Trump is Popping the EU on the nose, Trade in the EU is insane.
The EU that we drug out off WWII with the Marshall plan.
Only Belgium has repaid their debt.
He is Popping Asia and South America on the nose.
Exactly as their Soviet masters intended.
And we had no Titanium Like USSR.
Believe me their Alpha class subs were rattle bucket pieces of ****
I say resurrect middle class America.
MAGA!
Give them a purpose Mr Trump
I guess my point is that Tariffs are not evil, other countries will always use them and currency manipulation to take advantage of us. We have been in a trade war for decades, but we didn’t fight back, we just laid there taking a beating.
The shale revolution and abundant natural gas allow for direct reduction iron production that is probably more economical than blast furnace production.
Exactly.
Big Steel didn’t accept advancements until they were flogged by superior foreign technology. By the time they acknowleged it, it was too late. Allentown.
We can hope they pull their heads out and embrace advancments in the industry. If it’s locally owned, I see some promise.
Wow. Finally got time to watch the vid. Amazing, thank you.
As a tiny aside, did ABC really used to do news? Who knew? :)
LDA i hear is a very good light double action.
I have a stainless P14-45 Limited.
DRI produces less pure iron that must then be further refined in whatever furnace is used to convert it to steel, which is a solved problem but one that introduces some complexity. Blast furnaces produce a more pure iron product.
Using tariffs to retaliate against those set by other countries is only part of the equation. The fact is that producers in the US are subject to overhead costs that simply don't exist in much of the developing world (environmental and safety regulations, etc). Imposing tariffs simply levels the playing field and makes for fair trade.
Free trade zealots claim that Trump's steel tariff will make cars unaffordable to the average American. We have tariffs in place on many of our agricultural products, and our produce and meat is cheaper than those of most other high-income nations.
No argument there. I don’t think it’s an ‘either/or’... but the retaliatory aspect should be automatic, predictable and unvarying - your highest tariff = our highest tariff, be it 1 or 10 thousand things. The equalization of societal variables and all of the concomitant considerations should be the task of the executive and the legislative.
Glad it gave you some insight, There are all kinds of documentary’s on the valley.
The Church has held them together to date.
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