Economics always involves Winners and Losers.
Trump’s approach to Economic Nationalism makes the country a Winner and broad-based economic statistics show that the economy is doing very well indeed. Sure, you can find instances of companies grumbling about something. That doesn’t mean Trump is wrong.
Call a wambulance.
American companies are always going to be the President’s biggest foes in the fight for fair trade.
U.S. ConstitutionAmerica was founded by men who, like Trump, had no use for globalism - but always put America and its sovereignty first. ("Duties" and "Imposts" included.)Article 1 - The Legislative Branch Section 8 - Powers of Congress
The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defense and general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform throughout the United States;
Well all Canada, the EU and Mexico needs to do is get rid of the tariffs on our goods.
Also if competition in the US will make US steel and aluminum cheaper as long as we can keep the bunions from getting greedy again.
I would like to remind those that fear inflation due to tariffs that during the first 6 years of the Obama administration the greatest fear was DEFLATION. The Fed set their 2% inflation goal as a number, when attained, that would quash the fear of slipping back into deflation and NOT a maximum number beyond which we would be at risk.
FAKE NEWS WSJ
National Companies do NOT pay Tariffs.
I call bullshit.
It adds $100 to the price of a car and $5 to the price of a washing machine.
Builders have a gripe as do railroads. But the overall impact to the price of their finished product is still negligible.
....for a couple of weeks....
Until those countries get the message and lower THEIR TARIFFS!!!
Negotiating from a position of strength!
Something new for America.
OK
These firms say that in some cases, customers are turning to foreign suppliers that use cheaper, tariff-free metals to make the same products they can then export to the U.S. without bumping up against the new trade barriers
Easy. We just close all the loopholes that allow the Chinese or whoever to circumvent the new tariffs by disguising their steel exports.
You’re a one trick pony aren’t you. Your trick is fast becoming a worn out record of nonsense.
If you want cheap Canadian steel, go live in Canada.
Now those steel companies are coming back and the businesses are complaining because their profit margins are not going to be as big if they have to buy real, high quality steel "Made in the U.S.A.".
What a shocker. The media doesn’t like something Trump did.