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The U.S. placed a +266% tariff on Chinese imports of cold roll steel. This is because China "overproduces" things, making them cheaper on the global market.
I make things out of materials like cold roll steel. I then sell these things for a profit. This is how I make my living, pay for my food/shelter, save money to invest for retirement, pay taxes, etc.
How does a 266% tariff help me, or anyone like me? How does this help any workers, besides the very few still employed in steel mills around the country?
By and large, the only people this will protect are the people at the very top who depend on dividends and profits from corporations like US steel. Steel workers will continue to see employment opportunities vanish, as technology displaces them. We will all pay for this with exorbitantly high prices, making us less competitive and miserable. Our gubmint at work.
Can anyone explain how such a tariff will make America more competitive?
Buy American. Start adding to the GDP instead of reducing it.
How do these responses in haiku help your research.... For that business you'll be starting.....
Cough cough cough troll cough cough cough.
I agree, either start or don't but unless you are paid by the post on here saying you will start one, then posting on most threads, starting tons, is not going to get you anywhere. I am all for posting, forums, social media, but when you are on so much that you should be the owner that is concerning....LOL
The U.S. placed a +266% tariff on Chinese imports of cold roll steel. This is because China "overproduces" things, making them cheaper on the global market. ...
AndyWire, you’re only at some competitive disadvantage to other USA producers of competing products that use less cold rolled steel or other cheaper materials per unit and/or their products are a feasible alternative to your product.
If you ever did compete on the global market, I would suppose that along with foreign producers lower labor costs, the additional cost of the USA tariff on Chinese steel no longer enables you to do so.
USA currently lacks a uniform policy governing our global trade practices. Many USA enterprises that attempted to compete with foreign products have failed. I suppose most that are able to effectively compete with foreign products never did or no longer do manufacture within the USA.
I’m among the proponents of a proposed USA trade policy described in the Wickipedia article entitled “Import Certificates”. Of course it can’t be of any help to you because you can’t just wait for it to ever be passed by a U.S. Congress. But your opinion of the trade policy’s concept would be of interest to me.
I make things out of materials like cold roll steel. I then sell these things for a profit. This is how I make my living, pay for my food/shelter, save money to invest for retirement, pay taxes, etc.
Quote:
Originally Posted by andywire
No. This is a free country. I can purchase my steel from where ever I choose. Producers do not have to be coerced into fattening the coffers of a bunch of greedy, whinny, self serving CEO's than cannot compete worth a damn. Nor can I be forced to enrich the already outrageously rich, coddled and well protected investor/non producer class.
This tariff is a blatant violation of the free market, and motivates me to shop around even more for savings.
This free market you're so in love with most likely also provides us with the opportunity to buy whatever it is you make with your cold rolled steel from someone in China who makes the same thing for a lot less money.
Location: Was Midvalley Oregon; Now Eastside Seattle area
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He who has the greater lobby wins.
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I am all for posting, forums, social media, but when you are on so much that you should be the owner that is concerning....LOL
