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Trump’s Steel Destruction
Wall Street Journal ^ | May 31, 2018

Posted on 06/01/2018 6:05:22 AM PDT by reaganaut1

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To: EQAndyBuzz

Umm, tariffs will not hurt profits at all. As for the stock market, it is a globalist casino and does not reflect main street health.


41 posted on 06/01/2018 7:02:09 AM PDT by central_va (I won't be reconstructed and I do not give a damn)
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To: Bonemaker

Steve Moore and Larry Kudlow = Free Traitors™.


42 posted on 06/01/2018 7:02:56 AM PDT by central_va (I won't be reconstructed and I do not give a damn)
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To: reaganaut1

We stopped manufacturing steel because other countries could sell it to us cheaper and we couldn’t export into those countries. Now we have to pay THEIR price for steel.

It’s like oil. Mideast cheap oil was a great thing until OPEC discovered extortion.


43 posted on 06/01/2018 7:04:11 AM PDT by AppyPappy (Don't mistake your dorm political discussions with the desires of the nation)
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To: BRL

Why is it, that not one article states the fact that these countries put tariffs on our goods, or that they artificially reduce the price of their steel and aluminum to flood into out country. Also, that these materials are not as good as ours.


44 posted on 06/01/2018 7:05:24 AM PDT by nikos1121
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To: reaganaut1

Mr. Ross withdrew the exemptions on Thursday, saying the U.S. “was unable to reach satisfactory arrangements” with Canada, Mexico and the European Union. He means they didn’t unilaterally surrender.

Actually what it means is that they didn’t want to reach
a deal.


45 posted on 06/01/2018 7:08:18 AM PDT by tet68 ( " We would not die in that man's company, that fears his fellowship to die with us...." Henry V.)
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To: reaganaut1
If there's ever another war (and war is just as much a part of civilization as peace) we'll need a strong steel industry. The Wall Street Journal is basically a short sighted liberal newspaper with a ‘leaning toward’ conservative op ed page.

This BS belongs in the New York Times...

46 posted on 06/01/2018 7:09:06 AM PDT by GOPJ (Give a dollar to the homeless A'll ND advice: Starbucks is a shelter from the rain, heat, and cold..)
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To: Alberta's Child

Then pay a tariff afterward on what you make to get your goods back in the country. We are the big consumer. We cut corporate taxes. Make it here and sell it here... much cheaper.


47 posted on 06/01/2018 7:11:01 AM PDT by Lagmeister ( false prophets shall rise, and shall show signs and wonders Mark 13:22)
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To: 1Old Pro

We get a feaver

Europe dies


48 posted on 06/01/2018 7:15:34 AM PDT by bert ((K.E. N.P. N.C. +12 ..... Greetings Jacques. The revolution is coming))
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To: bert

exactly, and we are in a growing economy which positions us to take these steps.


49 posted on 06/01/2018 7:16:45 AM PDT by 1Old Pro
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To: reaganaut1

The US govt used to fund itself solely with tariffs. Of course, the globalist, CofC-loving WSJ is against these changes. The whole idea of these bad trade deals was to cut down the US to size by de-industrializing it. A lot of this happened during Clinton’s presidency.

Many have a Stockholm Syndrome approach to tariffs. This country’s industries have been sold out by the globalists for decades, and the populace so propagandized by “free trade” that they choose to remain in these horrendous trade deals.


50 posted on 06/01/2018 7:28:16 AM PDT by bkopto
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To: bkopto
propagandized by “free trade”

I call it gas lighting. And may "Conservative" heroes spread that propaganda. Rush, Levin et al... Sorry but that is the sad truth.

51 posted on 06/01/2018 7:30:22 AM PDT by central_va (I won't be reconstructed and I do not give a damn)
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To: Alberta's Child

Isn’t most Aluminum recycled?


52 posted on 06/01/2018 7:36:19 AM PDT by frogjerk (We are conservatives. Not libertarians, not "fiscal conservatives", not moderates)
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To: pierrem15

I take this as partly a national security issue. If the playing field isn’t level then that also plays into it.

Complex...


53 posted on 06/01/2018 7:40:46 AM PDT by fuzzylogic (welfare state = sharing consequences of poor moral choices among everybody)
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To: Lagmeister

Exactly. That’s why I’ve said that uniform tariffs on all products and raw materials make a heck of a lot more sense.


54 posted on 06/01/2018 7:42:08 AM PDT by Alberta's Child ("I saw a werewolf drinking a pina colada at Trader Vic's.")
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To: reaganaut1

All that is being reported is what Trump is doing to them. Research it and see what EUROPE is doing to US. These Trump tariffs are PART OF THE DEAL ... you hit them hard, they don’t like it and trade policies change. But without the tariffs from Trump, Europe lends a deaf ear to the imbalance in their favor, and has done so for years.


55 posted on 06/01/2018 7:42:20 AM PDT by ThePatriotsFlag (We are getting even more than we voted for.)
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To: ThePatriotsFlag
I predict this is what you will see from the Wall Street Journal in a few months ...

Now, it appears tariffs were a key part of a new and effective Trump strategy.

How many times in the future are "journalists" going to use this phrase? :-)

56 posted on 06/01/2018 7:46:29 AM PDT by ThePatriotsFlag (We are getting even more than we voted for.)
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To: reaganaut1

Protectionism worked great for America for 180 years. We lowered the import tariffs and have been losing industries and jobs and knowledge ever since. And now we are far too dependent on other countries.


57 posted on 06/01/2018 7:54:55 AM PDT by DannyTN
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To: frogjerk

If most aluminum was recycled than I’m not sure we’d even need tariffs — right?


58 posted on 06/01/2018 7:57:05 AM PDT by Alberta's Child ("I saw a werewolf drinking a pina colada at Trader Vic's.")
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To: reaganaut1

Reciprocal is the word for 1 on 1 trade. And laundering product via NAFTA is cheating via loophole. Both need to stop, and Trump is making it happen. They were warned, and given chances to self correct. They didn’t.

I’m fine with higher prices till it changes. Sacrificing for the long term. And we will win long term.

The free ride is over.

Dear World: Get used to it.

Dear handwringers: f’off.

MAGA!!!!!


59 posted on 06/01/2018 8:08:42 AM PDT by Basket_of_Deplorables (Donate to Mike Flynn's legal fund: https://mikeflynndefensefund.org/)
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To: Alberta's Child

Alumina extracted from bauxite ore (10 to 25 percent content) is electrically processed to get aluminum. The “Red Mud” alkali heavy waste from Bauxite processing is a big problem, just like any other tailing storage from mining with chemical extraction.

Virtually all the raw ore is found in the tropics. The separated aluminum oxides are transported for the metal’s extraction. Most of the aluminum production favors access of the lower cost hydroelectric facilities as extraction is a purely electrically driven process.


60 posted on 06/01/2018 8:09:02 AM PDT by Ozark Tom
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