Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
BREAKING DOWN 'Tariff'
Tariffs are used to restrict imports by increasing the price of goods and services purchased from overseas and making them less attractive to consumers. A specific tariff is levied as a fixed fee based on the type of item, for example, $1,000 on any car. An ad-valorem tariff is levied based on the item's value, for example, 10% of the car's value.
Governments may impose tariffs to raise revenue or to protect domestic industries – particularly nascent ones – from foreign competition. By making foreign-produced goods more expensive, tariffs can make domestic-produced ones more attractive. By protecting these industries, governments can also protect jobs. Tariffs can also be used as an extension of foreign policy: imposing tariffs on a trading partner's main exports is a way to exert economic leverage.
Tariffs can have unintended side-effects, however. They can make domestic industries less efficient by reducing competition. They can hurt domestic consumers, since a lack of competition tends to push up prices. They can generate tensions by favoring certain industries over others, as well as certain regions over others: tariffs designed to benefit manufacturers in cities may hurt consumers in rural areas, who do not benefit from the policy and are likely to pay more for manufactured goods. Finally, an attempt to pressure a rival country using tariffs can devolve into an unproductive cycle of retaliation, known as a trade war.
Yes. It is Denso. I linked an article showing their big North American expansion started in 2014 (planned 1 Billion). They have 18,000 employees in U.S., Canada and Mexico.
So hurray Obama right?
Quote:
Originally Posted by WaldoKitty
Nope. They specifically cited the tariff as reason for the expansion. Why do you ignore that?
The tariff does not apply to domestically produced steel.
Maybe you did not realize this.
Maybe you did not realize ... if your competitor's prices go up, you also can raise your prices. And you almost certainly will, because you can. After all, you are in business to maximize profits, and if you are given an opportunity to do so, such as through raising prices, you will.
The tariff does not apply to domestically produced steel.
Maybe you did not realize this.
Well, the post that you are responding to clearly states (citing a publication) that locally produced steel, if not subject to overseas competition, will rise in cost. Less competition, the higher the price the manufacturer can charge.
Well, the post that you are responding to clearly states (citing a publication) that locally produced steel, if not subject to overseas competition, will rise in cost. Less competition, the higher the price the manufacturer can charge.
It's like banging your head against a wall, isn't it?
The tariff does not apply to domestically produced steel.
that was part of the text I just posted.
Quote:
Originally Posted by WaldoKitty
Maybe you did not realize this.
Maybe you're just spewing nonsense?
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.