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Started By
Message
re: Trump imposing tariffs on all steel, aluminum imports; exempts Mexico and Canada for now
Posted on 3/8/18 at 4:15 pm to Iowa Golfer
Posted on 3/8/18 at 4:15 pm to Iowa Golfer
quote:
Yeah, but not worth worrying about. A targeted tariffs impact isn't going to be doomsday like some on here think. There will be impact, but the people that hedge the actual commodity aren't nearly as worried as some on here.
The tariff has more of an impact on ardent opponents sensibilities than the economy because it's against their ideology born out of years of schooling.
I'm generally against tariffs too however I'm not melting over this and I do see quality reasons behind this tariff especially from a national security perspective (that I've already described here). For me the principle of double effect applies here. And FWIW, I don't expect the tariff to result in the dooms day scenarios the nay sayers say it will.
Posted on 3/8/18 at 4:19 pm to GumboPot
If we are concerned about Chinese steel with respect to our national security, then a blanket tariff which affects allies and rivals alike doesn't make sense to me. We should be working with our allies. And if steel is such a national security concern that it requires a blanket tariff, isn't that an implicit argument for nationalization, or direct subsidization? FWIW, I dislike tariffs and nationalization, with nationalization being far more stupid, and tariffs being pretty stupid.
This post was edited on 3/8/18 at 4:21 pm
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