Trump's Proposed 25% Tariff On Steel

tt335ci03cobra

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I would be understandably shocked to find out that this was decided with the help of any true experts.


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The man has much more intel, balls, and much more tact than any of his naysayers.

Trust is hard earned and hard fought. I get that lots of people are convinced Trump is not good for the country. I respect when they can articulate a concern.

The concern I ask them to investigate is what direction has America gone with the globalist concept of soft trade, perverted education, and open boarders.

You can’t save something as shackled and chained as America without noise and commotion.

We have a commander in Chief who has 5% more approval than O did at this point in his presidency, and that’s before factoring the manipulation of the data. If these polls let us see 5%, it’s an honest 8-11+%, and mark my words, every step higher that we can see: 6%, 7%, 8% etc will be followed with increasing globalist death throws. Right now it’s militant style net censorship, bannings of free speech all across YouTube and Facebook, etc in the name of social quality. It ends in a proverbial Fahrenheit 451.

What do this articles on drudge make you think?
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There is a systemic attempt to conciliate a power structure in this world that requires a weakened and powerless America. They will then do things en mass that make the Nazi’s proud and the public enslaved much how Chinese citizens live now. Small lives with taxed souls and separated families, rampant trafficking and corrupt policing.

There is a known reason why zuckerberg called Facebook users dumb f’ers. Brennon and clapper also continue to lament our commander for a similar cause.

This steel tariff is a direction that sways the economic war back into a playable field. It’s messy, and there will be casualties, but it’s never easy or painless to win a war.

Ask high level active service members what their thoughts of China are. Their head hancho just removes term limits. Think about that. These tariffs are too weak if anything but that’s part of the strategy. When your enemy is flailing wildly, make simple sharp nicks and cuts. They’ll eventually bleed out.
 

GT Premi

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Do you not see that if we start to produc[e] said steel and aluminum HERE, we won't have to worry about the tariff? That's why businesses HERE are excited. They see it as an opportunity.
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See below quote.

I'm understanding it as. We set the import tariff, import cost goes up and trickles down from the supplier to the consumer.

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It's essentially just making American made goods cost more, which is currently already the problem?

...

And that's it in a nutshell. Then there will be gnashing of teeth when a base model 4-banger Mustang costs $40K, a new iPhone costs $5K, a can of WD-40 costs $15, etc. (Extreme examples used for effect.)
 

tt335ci03cobra

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^the benefit of capitalism is that if some company was so inclined to exploit a reasonable steel tariff and the relatable costs to that extent, then a company could come out with a me-phone at $1100, a must-have rwd coupe for $27,999, and so on.

Capitalism let’s the consumer have choices because it doesn’t use government controlled business.

The cogs on an iPhone or mustang could double and the price would only need at most a 25% increase. Cogs rarely breech 10-25% of a product cost. If cogs go high enough that tariff wars commence, companies will find innovative ways to produce in America again before they will double or triple the retail price of their product. Once ahain, capitalism gives a plethora of capital controls to the free market.

Some company may choose to raise price 3 fold and carry on, but when others assess the market conditions, and swat analysis we’ll, they’ll do the profitable thing and facilitate the most demand via smart supply.

We won’t need a wheelbarrow to buy bread unless we are foolish enough to keep racking up debt, bad trade deficits and “deals” while socializing our kids via a subliminally socialist education system and so on.
 
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Klaus

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^the benefit of capitalism is that if some company was so inclined to exploit a reasonable steel tariff and the relatable costs to that extent, then a company could come out with a me-phone at $1100, a must-have rwd coupe for $27,999, and so on.

Capitalism let’s the consumer have choices because it doesn’t use government controlled business.

The cogs on an iPhone or mustang could double and the price would only need at most a 25% increase. Cogs rarely breech 10-25% of a product cost. If cogs go high enough that tariff wars commence, companies will find innovative ways to produce in America again before they will double or triple the retail price of their product. Once ahain, capitalism gives a plethora of capital controls to the free market.

Some company may choose to raise price 3 fold and carry on, but when others assess the market conditions, and swat analysis we’ll, they’ll do the profitable thing and facilitate the most demand via smart supply.

You fail to see the irony of using capitalism to defend a socialist policy.
 

CV355

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I engineer and sell automation equipment for industrial processes.

It doesn't matter what the MSM says. Without a doubt we are seeing a massive bump in US based capitol equipment spending that started with the tax plan and is continuing with the tariff. This is hard, verifiable data. Americans are going to benefit for generations to come because of this.
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Boom. +65,000. Also, hello brother! I'm also in the automation business.
 

tt335ci03cobra

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I wonder wear the Keynesian are to declare parasitic pricing on China. They are quick to call a tariff uncapitalistic but forget to mention it’s because China is trying to bankrupt American steel with parasitic pricing, dumping, and further buying up industries it bankrupts to form monopolistic power over price and supply. Doesn’t sound very Keynesian to me.
 

tt335ci03cobra

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You fail to see the irony of using capitalism to defend a socialist policy.

Replied above, Keynsian points etc. I don’t fail to see that China is commuting economic war crimes against a capitalist country. It’s also much broader than 5% of the steel.
 

tt335ci03cobra

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I will say there is a lot more capitalism that could commence such as antitrust for tech companies, and an internet bill of rights. Amazon needs to be broken up. It’s a parasite
 

Klaus

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I wonder wear the Keynesian are to declare parasitic pricing on China. They are quick to call a tariff uncapitalistic but forget to mention it’s because China is trying to bankrupt American steel with parasitic pricing, dumping, and further buying up industries it bankrupts to form monopolistic power over price and supply. Doesn’t sound very Keynesian to me.

Do some research on the tariff. It has nothing to do with China as it is a tariff on ALL imported steel, not just steel imported from China. Which would not matter since we import very little steel from China - they are not even in the top 10.

Why did you bring up Keynes? As an FYI he was in adamant opposition of the idiotic tariff scheme known as Smoot Hawley

https://www.economist.com/node/12798595
 
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me32

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See below quote.



And that's it in a nutshell. Then there will be gnashing of teeth when a base model 4-banger Mustang costs $40K, a new iPhone costs $5K, a can of WD-40 costs $15, etc. (Extreme examples used for effect.)

Lol a 4banger already cost 40k. Go look yourself. I have no want for an iPhone so let it be 5k and at the price they will tank them self. There not made in America anyway. When you got your $15 WD 40 you'll have your $6 PB blaster so ill survive.
 

tt335ci03cobra

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Do some research on the tariff. It has nothing to do with China as it is a tariff on ALL imported steel, not just steel imported from China. Which would not matter since we import very little steel from China - they are not even in the top 10.

Why did you bring up Keynes? As an FYI he was in adamant opposition of the idiotic tariff scheme known as Smoot Hawley

https://www.economist.com/node/12798595


I edited this post, and then your post came up so you may not have seen it.


Replied above, Keynsian points etc. I don’t fail to see that China is commuting economic war crimes against a capitalist country. It’s also much broader than 5% of the steel.

I know we get very little steel from China directly. The trade war is the larger thing that I am eluding to. I’ve flatly said I think a trade war coordinated by Trump is a great thing for America because this country has been sold out for decades.

25% on 5% of the steel we use isn’t helpful. The notion of starting a trade war and toeing into it seemingly sheepishly is great. When countries retaliate with far bigger pen strokes, I believe Trump will have effectively baited them into what he wanted in the first place, and is ready with real measures and real actions.

This minor tariff is very small potatoes but it’s a beachhead. I like the direction.

I talk with honest liberals often who don’t like America being sold out via bad deals, and even Bernie Sanders will go to bat for the American worker over outsourcing.

I don’t think Bernie Sanders knows what’s going on, and if he does, I don’t think he has a clue how to mount the bull and tame it.

Trump has the balls and tactics to handle these things. I’m very excited about the next 6 years.
 

tt335ci03cobra

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Lol a 4banger already cost 40k. Go look yourself. I have no want for an iPhone so let it be 5k and at the price they will tank them self. There not made in America anyway. When you got your $15 WD 40 you'll have your $6 PB blaster so ill survive.

Exactly. On a side note, how insane is the pricing of mini coopers? Ridiculous. $35k specks with a 4 banger. Want the turbo and all the options? That’ll be $48k...

People gawk at the mustang approaching a $30k base price. I’m like have you shopped around? It’s boat loads of car for $28k.

A loaded ecoboost has 70hp on a comparable bmw 3 series coupe for the same money. You can physically option a base engine 3 series coupe to $50k, meanwhile it has 240hp, and looks kind of soft.

A loaded ecoboost mustang looks great with the performance pack, and has a very nice interior, while delivering 310hp and 350tq. Put a tune on it, and an intake and you have 80-90% of 03 cobra hp and torque in a 25mpg coupe for about $40k. I am tired of people talking shit on the way ecoboost mustang. It isn’t a gt, but you can get a gt from 38k with 460hp. 03 cobra’s were $32k 15 years ago for 390hp.
 

03Sssnake

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Add some options and 40k is there bud.

pretty much.... while it is true you can get the base model with rubbermaid interior for 25/26K....options that include leather, tech/nav etc etc drive it up real fast....I think we are all spoiled, but it's hard to wanna daily a car that doesn't have all the amenities.
 

GT Premi

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Add some options and 40k is there bud.

You've totally missed my point. Do you think options would suddenly become free if the base price of an Ecoboost became $40K? Then you'd be looking at a near $55K Ecoboost.

My point is that high tariffs on steel is going to drive up the price of steel products.
 

me32

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pretty much.... while it is true you can get the base model with rubbermaid interior for 25/26K....options that include leather, tech/nav etc etc drive it up real fast....I think we are all spoiled, but it's hard to wanna daily a car that doesn't have all the amenities.
Bingo. They dont sell many base mustang your avg cost to buy a new mustang is about 35k before Tax and license.
 

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