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To: detective

I think it’s also important to note that:

1) Steel is an input for consumer goods, not a final good. As such, in most products, it represents a small percentage of the total cost of production. This will increase the demand for domestic steel, even at a slightly higher price, but the impact on consumers will be relatively small.

2) The tariffs were placed on those raw materials goods because Trump wants to level the playing field for our manufacturing industries. This gives those countries affected several options by which to avoid or lessen the tariffs.


8 posted on 06/04/2018 1:13:57 PM PDT by econjack
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To: econjack

There will be lots of steel on the market that is not tariffed

An American distributor purchasing agent can buy steel to his specifications from non tariffed sources. India for instance.

If canada persists on maintianing the tariffs Trump wants removed, other will get the business. Trudeau will get the message.

I think he actually got the message and is posturing for the press.


18 posted on 06/04/2018 1:49:22 PM PDT by bert ((K.E. N.P. N.C. +12 ..... Greetings Jacques. The revolution is coming))
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To: econjack

Steel is also a strategic resource. Our nation should NEVER NEVER NEVER be reliant on any other nation for a strategic resource.

Yes there are issues with Union Shops and their negative impact on prices. We have to find a way to alleviate that. There’s not question of that.

At the end of the day, we need to be employing U. S. Citizens to build our strategic resources.

This goes for shipbuilding yards as well.

At then end of Trump’s presidency, it’s my hope that there will be no illegal aliens allowed to work on any of our government / military sites.

I had heard that some of our shipyards were using them. If that’s wrong, this may not be as big an issues as I had thought.


21 posted on 06/04/2018 1:55:18 PM PDT by DoughtyOne (01/26/18 DJIA 30 stocks $26,616.71 48.794% > open 11/07/16 215.71 from 50% increase 1.2183 yrs..)
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