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re: 1st quarter GDP: 3.2%
Posted on 4/26/19 at 9:08 am to 90proofprofessional
Posted on 4/26/19 at 9:08 am to 90proofprofessional
The ROOs for auto/steel/aluminum, I think as I haven't read it in great detail, will definitely make it more difficult for Canada and Mexico to export those items to the US. This should serve to boost those industries. This also leads me to think they may be concerned about the future state of those industries. I don't recall the percentage of each good, but Canada and Mexico are two of our larger (Canada used to be the largest in terms of total trade) partners--particularly in those goods.
Posted on 4/26/19 at 9:30 am to Jyrdis
quote:
The ROOs for auto/steel/aluminum, I think as I haven't read it in great detail, will definitely make it more difficult for Canada and Mexico to export those items to the US. This should serve to boost those industries.
yeah that was in the summary, a slight gain to producers in that industry, with a slight loss to consumers, making a very slight net loss overall
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