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Jun 1 2018 01:24am
Why put tarrifs on Canada wtf have they ever done to us
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Jun 1 2018 01:38am
Quote (Ronramos @ Jun 1 2018 01:24am)
Why put tarrifs on Canada wtf have they ever done to us


having artificially lowered metal prices because they allow chinese dumping of subsidized metals into their markets unlike us.
the tariffs on canada/europe are protections against China bringing the market crashing down with dumping. We ban direct imports from china with astronomical tariffs of 5000% or whatever, but it doesn't protect us from other countries who don't have as crucial a domestic steel production and were happy to lap up cheap steel and turn around and export their own at the lower rates.
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Jun 1 2018 03:02am
Quote (Goomshill @ Jun 1 2018 07:38am)
having artificially lowered metal prices because they allow chinese dumping of subsidized metals into their markets unlike us.
the tariffs on canada/europe are protections against China bringing the market crashing down with dumping. We ban direct imports from china with astronomical tariffs of 5000% or whatever, but it doesn't protect us from other countries who don't have as crucial a domestic steel production and were happy to lap up cheap steel and turn around and export their own at the lower rates.


Definitely horse hockey, at least when this is talking about the EU. The EU has huge steel producers in Tata Steel, Arcelor Mittal, etc. We're the largest producer after China (to be fair, they produce more, but our industry tends to be more specialized). China produces lots of hot rolled cheap carbon steel. The EU has the technology for lots of different alloys, many who currently cannot be produced in the US.

If this is supposed to target the countries who just push through Chinese steel, it shouldn't be targeting the EU.
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Jun 1 2018 03:30am
Quote (balrog66 @ Jun 1 2018 03:02am)
Definitely horse hockey, at least when this is talking about the EU. The EU has huge steel producers in Tata Steel, Arcelor Mittal, etc. We're the largest producer after China (to be fair, they produce more, but our industry tends to be more specialized). China produces lots of hot rolled cheap carbon steel. The EU has the technology for lots of different alloys, many who currently cannot be produced in the US.

If this is supposed to target the countries who just push through Chinese steel, it shouldn't be targeting the EU.


http://www.businessinsider.com/uk-steel-industry-failure-eu-state-aid-rules-imports-exports-prices-2016-3?r=UK&IR=T
yeah well the EU has been happy to bone the domestic production it does have. They just don't value it outside Germany and in Britain, well it helped cause Brexit. They bled so many jobs in the UK before Brexit- 38% of the entire domestic industry production in a single year- that they slammed on the brakes and finally put their own tariff on the chinese steel, but still a fraction of the US tariff and reduced chinese imports by 41% compared to the US's... uh, 100%. The EU might be 2nd biggest producer after China, but we're talking 50% of world production from 1 country vs 10% across 28 countries, albeit mostly germany. But having years of chinese dumping into europe with a peak 30% of steel being imports in 2015 and halved since then, it was still enough to tank the EU's steel market prices. Same story with Canada.

The US domestic industry makes no secret it wants to be protected from the prices that tanked worldwide from chinese dumping, and the EU and Canada are both markets that got roiled by that dumping. If the US could be competitive with them, they wouldn't want or need a tariff
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Jun 1 2018 04:48am
Quote (ofthevoid @ 1 Jun 2018 05:10)
Trucks represent 18% of total vehicle sales in the US. They are not the most popular vehicle, you repeating dumb shit that's inaccurate then try to make an argument based on some non truth is precisely why people don't take you seriously on here.


rip fenderp :lol:
exposed once again
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Jun 1 2018 06:06am
Quote (Black XistenZ @ Jun 1 2018 02:02am)
i dont know why trump helped that russian guy, and I dont approve it. its a stupid move.

the connection to the tariff issue is moot anyway since almost no russian steel gets exported into the US. russian steel companies are less of a competition to american steel manufacturers than european, canadian or chinese ones.


really

you really don't know why a president accused of colluding with russians has gone out of his way to help the russians several times against the will of his own congress while attacking what were once allies which all coincidentally aligns with putin's goals of dismantling western alliances
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Jun 1 2018 06:15am
Quote (Goomshill @ Jun 1 2018 10:30am)
http://www.businessinsider.com/uk-steel-industry-failure-eu-state-aid-rules-imports-exports-prices-2016-3?r=UK&IR=T
yeah well the EU has been happy to bone the domestic production it does have. They just don't value it outside Germany and in Britain, well it helped cause Brexit. They bled so many jobs in the UK before Brexit- 38% of the entire domestic industry production in a single year- that they slammed on the brakes and finally put their own tariff on the chinese steel, but still a fraction of the US tariff and reduced chinese imports by 41% compared to the US's... uh, 100%. The EU might be 2nd biggest producer after China, but we're talking 50% of world production from 1 country vs 10% across 28 countries, albeit mostly germany. But having years of chinese dumping into europe with a peak 30% of steel being imports in 2015 and halved since then, it was still enough to tank the EU's steel market prices. Same story with Canada.

The US domestic industry makes no secret it wants to be protected from the prices that tanked worldwide from chinese dumping, and the EU and Canada are both markets that got roiled by that dumping. If the US could be competitive with them, they wouldn't want or need a tariff


Same story with the US. Your country's market has been roiled by Chinese dumping, perhaps we should put a tariff on it to protect our own steel production.

The article is old btw, 2015.. In the mean time, the UK has lobbied for a tariff imposed by the EU on China, which is in effect and the Pound has dropped by ~15%, making the arguments given by the article completely outdated within 3 years.
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Jun 1 2018 07:16am
For anyone who claims the Republican party has been changed into a group of protectionists... just pay attention to all the reactions from high profile Republicans.
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Jun 1 2018 11:24am
Quote (IceMage @ Jun 1 2018 07:16am)
For anyone who claims the Republican party has been changed into a group of protectionists... just pay attention to all the reactions from high profile Republicans.


i think thats true, but also a bit overplayed given that McConnell and other prominent republicans know that small tariffs could be levied as a result that hurt their district more than others. They still understand this wont work and is a dumb idea but that's a relevant factor to consider.
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Jun 1 2018 02:37pm


• Lowest unemployment rate since 1969 (9th unemployment record under Trump)
• First time the black unemployment rate has ever dipped below 6%
• The 2nd highest NK official met with Trump today at the WH, something that hasn’t happened in 2 decades, & the NK-USA summit is back on

#winning

This post was edited by IgoSoHard on Jun 1 2018 02:41pm
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