US Aluminum Manufacturer Announces 300 New Jobs in Kentucky Following Trump’s Tariff Announcement (Canada, Indiana)

[WaldoKitty]

Originally Posted by jambo101

Fake news

Nope. The announcements are real.

[dothetwist]

Originally Posted by WaldoKitty

Would that be because it proves that Trump's tariffs are immediately working?

What tariffs?? Nothing's been done. Talk talk talk. Is cheap cheap cheap.

[WaldoKitty]

Originally Posted by dothetwist

What tariffs?? Nothing's been done. Talk talk talk. Is cheap cheap cheap.

The very ones that Century Aluminum and US Steel cited as being the reasons they were re-opening plants and creating new jobs.

Those Trump tariffs.

[DRob4JC]

It's going to be a mixed bag of good and bad with the proposed tariffs.

For steel producers - it is good.

For steel consumers - it will be bad.

The goal is clamping down on unfair steel trade primarily from China. Hopefully any pain will be short term.

[T-310]

Originally Posted by legalsea

Oddly, Mitch McConnell is against the proposed tariffs, since they may end up hurting Kentucky:


Trump's steel and aluminum tariffs to hit home in Kentucky - WDRB 41 Louisville News


So, on the one hand, a mainly idle aluminum plant in Kentucky will add 300 new jobs (very good).


However, the Kentucky bourbon industry has 15,000 to 17,000 employers in the state, with some worried that if the EU imposes a tariff on bourbon, it will hurt that industry:


Kentucky bourbon industry creates $8.5 billion for state economy | Lexington Herald Leader


Would retaliatory bourbon tariffs hurt signature Ky. industry?




What is the old saying? Unable to see the forest due to the trees?


I guess that if Mr. Trump had "Trump Bourbon" he would be more concerned.

Pros outweigh the cons here. Tariffs put China on notice to stop flooding the markets.

[legalsea]

We must be reasonable: while President Trump has announced his intention to impose such tariffs, they have not been implemented.


Indeed, Wilbur Ross said, this morning, that the President is 'flexible' in the idea of excluding Canada and Mexico:


https://www.cnn.com/2018/03/07/polit...oss/index.html


As noted elsewhere, Canada and Mexico are our main source of steel and aluminum.

[glamatomic]

Originally Posted by legalsea

Actually, one blast furnace, but Jim Hoft is not a stickler for details:


US Steel calling back 500 Granite City workers after Trump tariff announcement | FOX2now.com


However, I am generally for a strong steel industry, so this is good. I agree that if Clinton were elected this blast furnace would not have reopened.

I am not a Trump supporter but if all is as it seems, I'm happy to hear these announcements. I want the USA and Americans to succeed, regardless of who the President is.

I'm definitely pleased for Granite City- I live across the river in Missouri but have been to Granite on a handful of occasions. It is definitely a depressed area that's seen better days. Any revival of industry there is a positive.

[Goodnight]

Originally Posted by James Bond 007

What the OP does not understand is that there are more users/consumers of steel and aluminum than there are consumers. Boeing alone employs about as many as the entire American steel industry. Then you have the auto industry, machinery, other transportation, appliances, etc. Celebrating the re-opening of a steel or aluminum mill here and there is celebrating the needs of the few against the needs of the many. Good luck with that one.

Hershey’s indicated they will take a hit, all those little kisses and other chocolates wrapped in aluminum.

[OnOurWayHome]

Originally Posted by DRob4JC

It's going to be a mixed bag of good and bad with the proposed tariffs.

For steel producers - it is good.

For steel consumers - it will be bad.

The goal is clamping down on unfair steel trade primarily from China. Hopefully any pain will be short term.

Also bad for all the industries that use imported steel, like the auto industry. A lot more people work there than in steel.

Also, we get more steel from Canada and Mexico than from China.

[skeddy]

Trump is using this to get a better trade deal with mexico and canada. He's 2 steps ahead of the liberal media. They'll never catch up, they aren't smart enough to figure it out.