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Isn't the better question why the US imports 90% of it s aluminum? Where is Alcoa?
Because bauxite is mined cheaper in other places....and they have more of it.
It is cheaper to get it from some place else.
So adding a tariff might increase production here but it most certainly will increase the price of goods as the price of production will be increased.
So all these steel places can all of a sudden make more steel -- but the only reason is because the cost of steel has been increased -- meaning -- it will cost more for everything.
Because bauxite is mined cheaper in other places....and they have more of it.
It is cheaper to get it from some place else.
So adding a tariff might increase production here but it most certainly will increase the price of goods as the price of production will be increased.
So all these steel places can all of a sudden make more steel -- but the only reason is because the cost of steel has been increased -- meaning -- it will cost more for everything.
That impacts US..........the consumer.
YEAH for trade wars --
Are you the same guy who complains about Walmart? I think so.
They aren't targeting Trump states -- they are targeting the states where industries rely on trade with Canada.. It just so happens some of them are Trump states.
And you are a bit confused on the impact of tariffs.
Canada is imposing tariffs on goods that are being sent to Canada. Canada is raising the cost of sending goods to the USA - not the cost of goods coming into the USA. The USA govt. is raising the cost of goods coming into the USA.
Again - some basic research needs to be done - -you aren't clear on what is happening, the impact on you the consumer, etc.
A good, simple explanation. Of course, one can easily substitute the word 'tax' for 'tariff', to get to the gist of it.
One person on twitter, citing one of Mr. Trump's tweets, noted that Mr. Trump seems to think that it is the governments that are engaged in across-the-border trading, as opposed to the trading being done by various corporations or even individuals.
To wit, if American businesses purchase $100 worth of products from Canada, while Canadian businesses purchase $75 worth of products from the USA, then there is a 'trade imbalance, favoring Canada, in the amount of $25.
Now, one could desire that Canada purchase more products from the USA. However, it is not like the Federal government is being screwed out of money.
Of course, placing a 'tax' on the products, going both ways across the border, will, in all probability, result in less products moving across the border, which will not affect the two governments (save for receipt of the tax money), but will surely affect those businesses that produce such products.
Funny thing, when fast food restaurants raise their starting wage to $17 an hour everybody nobody worries about higher food prices but now that Trump is tacking a few cents to the price of aluminum, CNN dispatches their crack team to investigate the impact on the price of beer.
There were tons of articles and lots of discussions on the economic impact of raising the minimum wage of fast food workers.
A good, simple explanation. Of course, one can easily substitute the word 'tax' for 'tariff', to get to the gist of it.
One person on twitter, citing one of Mr. Trump's tweets, noted that Mr. Trump seems to think that it is the governments that are engaged in across-the-border trading, as opposed to the trading being done by various corporations or even individuals.
To wit, if American businesses purchase $100 worth of products from Canada, while Canadian businesses purchase $75 worth of products from the USA, then there is a 'trade imbalance, favoring Canada, in the amount of $25.
Now, one could desire that Canada purchase more products from the USA. However, it is not like the Federal government is being screwed out of money.
Of course, placing a 'tax' on the products, going both ways across the border, will, in all probability, result in less products moving across the border, which will not affect the two governments (save for receipt of the tax money), but will surely affect those businesses that produce such products.
A good, simple explanation. Of course, one can easily substitute the word 'tax' for 'tariff', to get to the gist of it.
One person on twitter, citing one of Mr. Trump's tweets, noted that Mr. Trump seems to think that it is the governments that are engaged in across-the-border trading, as opposed to the trading being done by various corporations or even individuals.
To wit, if American businesses purchase $100 worth of products from Canada, while Canadian businesses purchase $75 worth of products from the USA, then there is a 'trade imbalance, favoring Canada, in the amount of $25.
Now, one could desire that Canada purchase more products from the USA. However, it is not like the Federal government is being screwed out of money.
Of course, placing a 'tax' on the products, going both ways across the border, will, in all probability, result in less products moving across the border, which will not affect the two governments (save for receipt of the tax money), but will surely affect those businesses that produce such products.
So Trump has imposed tariffs to try and balance trade? By making it harder for other countries to do business with the USA, it could economically hurt other countries.......as these countries suffer -- their demand for imports will decline...
WOW -- look at that -- demand for USA goods has dropped -- who does that hurt? Figure that one out.
I'm glad none of you are worried-- you might want to contact some of these businesses and assure them --they aren't so confident about the impact of the trade war. I'm sure you can make them feel better.
US factory owners are getting worried that Trump's trade war could tank their business
- That first link was very well written & very compelling. My favorite sentence of the five that comprised the "article".
"Grand Forks Economic Development’s Barry Wilfahrt said one of the biggest impacts on trade has been a weak Canadian dollar"
- The second blog post posing as an "article" that you chose is more embarassing than the first. One unnamed company allegedly said what you quote. Meanwhile the article also said this...
"A Federal Reserve survey of U.S. businesses found "robust job growth" nationwide but growing concern over tariffs and trade disputes, Bloomberg reports"
- Your third article is an actual article, not an embarrassing blog post chosen out of desperation to prove your failing point. It says some U.S. manufacturers are getting nervous that steel tariffs could hurt their businesses. That's natural for them to be concerned. In the end they'll see that US steel production will replace imported steel and all is well, likely even better.
Yes we have a robust job growth economy. 92 months of positive job growth. That's amazing. Let's see how much longer we can keep going.
Not sure why we need trade wars if the economy is so robust.
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My favorite sentence of the five that comprised the "article". 
