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re: Chinese put tariffs on LNG

Posted on 8/6/18 at 9:05 am to
Posted by Lg
Hayden, Alabama
Member since Jul 2011
7239 posts
Posted on 8/6/18 at 9:05 am to
quote:

US manufacturers like cheap aluminum from China too.


Let me ask you a question. What would happen if China decided it didn't want to sell us their cheap aluminum anymore? Do you think American mills are anywhere near ready to fill orders needed? You must really like being at the mercy of another country because they sell cheap crap.
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 8/6/18 at 9:13 am to
quote:

What would happen if China decided it didn't want to sell us their cheap aluminum anymore? Do you think American mills are anywhere near ready to fill orders needed? You must really like being at the mercy of another country because they sell cheap crap.


The market price of aluminum would move higher. We will not run out of sources of aluminum just as we have never run out of sources for any commodity but for government interventions.

Are we at the mercy of Australia because they are much better producers of wool? Are we at the mercy of Honduras because they are much better producers of bananas? Are we at the mercy of Columbia because they are much better producers of coffee? Are we at the mercy of South Africa because they mine most of the platinum in the world? Are we at the mercy of China because they mine most fo the rare earth metals mined in the world?

Trade make everyone more wealthy.

China is foolish to subsidize aluminum to protect it's aluminum producers just as we are foolish to subsidize agriculture.

I am curious if you are so protective of aluminum producers would you support tax payer subsidies of their industry like we do agriculture?
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