So what are your thoughts on the Steel and aluminum tariffs?

Discussion in 'The Lounge - Off Topic Chat' started by admin, Mar 7, 2018.

  1. admin

    admin Administrator Staff Member

    Aug 11, 2010
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    I have mixed feelings on the subject. Many other countries use this system already and charge high tariffs on imported goods so why is it an issue when the US does the same? On the other side of the coin is there a better way to create a more fair trade system with countries like China without having to do this and potentially spark a trade war?

    What are your thoughts?
     
  2. rawdeal

    rawdeal TID Board Of Directors

    Nov 29, 2013
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    I have pledged to myself to stay out of political or religious threads, so I won't say I'm for or a'gin them, but . . .

    seems like most people who get mentioned in the media are against them . . . including Paul Ryan and Mitch McConnell.
    my limited grasp of logic suggests USA steel and aluminum will gain from this, and . . .
    many other USA industries may be hurt by it.

    I won't even go into how it will affect international relations, that shit's way too complicated for me.
     
  3. ValeTudo8080

    ValeTudo8080 VIP Member

    Aug 31, 2011
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    at my work we import most our finished steel/iron goods from China......so i do not know what this will do to us...hopefully there won't be a huge impact
     
  4. testboner

    testboner VIP Member

    Oct 10, 2010
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    Plain and simple; taxation is theft. Doesn't matter that "that's the way things work." It's theft. And more theft is worse than less theft, so.....
     
  5. OldManStrength

    OldManStrength VIP Member

    Apr 8, 2015
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    All it will do is make the us production of steel and aluminum more competitive, so instead of buy ur shit over seas, u can buy it from a us manufacturing plant, who employs US citizens, who pay taxes...

    That other countries can go fuck off, we are the biggest consumer in the world, they need us more than we need them..
     
    Yaya likes this.
  6. Swiper

    Swiper VIP Member

    Jan 8, 2011
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    The real question should be why do we need to put tariffs and steel and aluminum? why aren’t our companies competitive around the world? we should look at our taxes, rules and regulations and do some adjusting there to be more competitive worldwide
     
  7. OldManStrength

    OldManStrength VIP Member

    Apr 8, 2015
    896
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    All it will do is make the us production of steel and aluminum more competitive, so instead of buy ur shit over seas, u can buy it from a us manufacturing plant, who employs US citizens, who pay taxes...

    That other countries can go fuck off, we are the biggest consumer in the world, they need us more than we need them..
     
  8. monsoon

    monsoon Senior Bacon VIP

    Nov 1, 2010
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    I'm concerned about bauxite. We don't have any domestic and we need it. As a consumer of canned beer I worry about potential price increases.
     
  9. FLEXjs

    FLEXjs TID Board Of Directors

    Apr 23, 2012
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    In the short term it's just going to make things more expensive for Americans.

    US production will not immediately satisfy all US consumption, so in the short term you just pay more through the tariffs.

    Donald is not so bright...
     
    schultz1 likes this.
  10. JackD

    JackD Senior Moderators Staff Member

    Sep 16, 2010
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    I agree with you admin, the US does need a more fair system, however since most of our stuff comes from China, I’m not sure what is the best way to proceed.

    I will say I’ve been in the more, F it mode lately, meaning, it’s been this way so long, let’s see what happens with some changes.
     
  11. BrotherIron

    BrotherIron TID Board Of Directors

    Mar 6, 2011
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    We import more than we export and to be honest that is not a good thing.
     
    Yaya likes this.
  12. DieYoungStrong

    DieYoungStrong VIP Member

    May 27, 2013
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    I may or may not be in the steel biz. Not good.

    Just got a notice from my suppliers that steel prices are increasing 10%. All this will do is cause low-rise steel construction to lose market share to wood and other building methods.

    The road to hell is paved with good intentions.
     
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