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re: DOW closes down 720 points after Trump's China tariffs

Posted on 3/22/18 at 3:17 pm to
Posted by Tesla
the Laurentian Abyss
Member since Dec 2011
8404 posts
Posted on 3/22/18 at 3:17 pm to
quote:

Is it going to help more than it hurts?


Depends on the metric used to measure "help." If you mean by purely a cost to consumer measurement, heck no it won't help. If we find out that Chinese steel and aluminum sold to the US are substandard on purpose, then an argument can be made for effectively subsidizing an industry in the US for strategic purposes. It would "help" in that regard.
Posted by roadGator
Member since Feb 2009
144218 posts
Posted on 3/22/18 at 3:18 pm to
Can't we just stop China by suggesting that anything injection molded will be subject to an additional tax to offset their cheating?

This post was edited on 3/22/18 at 3:31 pm
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