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Aluminum Tariffs and Job Creation

Posted on 8/20/18 at 1:09 pm
Posted by hawkeye007
Member since Feb 2010
5851 posts
Posted on 8/20/18 at 1:09 pm
Serious question. If the tariff's are creating these jobs that seem to be dominating the board's topics today. When the tariff goes away does the job go away also? Is the tariff's purpose to make the US product capable of competing with cheap Chinese product? Whats the end game do the Chinese raise there prices therefore making the US product attractive. What happens if the tariff is ending and these jobs go away again?
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 8/20/18 at 1:47 pm to
Aluminum and steel manufacturers know that as long as Ross is in office they will have protection from competition and can operate as an oligolopy screwing their downstream manufacturing customers and ultimately the American consumer.
Posted by Lg
Hayden, Alabama
Member since Jul 2011
6816 posts
Posted on 8/20/18 at 2:32 pm to
quote:

Aluminum and steel manufacturers


Why do you hate American made products? Because you like cheap crappy Chinese metal?
Posted by TBoy
Kalamazoo
Member since Dec 2007
23698 posts
Posted on 8/20/18 at 2:37 pm to
Tariffs don’t create jobs.
Posted by hawkeye007
Member since Feb 2010
5851 posts
Posted on 8/20/18 at 3:05 pm to
I spent 3 summers in college working for a steel mill in Texas as a summer help pouring steel. Spent my first 2 years out of college working for a cement mill in the same town. The steel tariff's are directly impacting my hometown in great ways right now. I am just wandering does it continue when the trade war stops?
Posted by Texas Weazel
Louisiana is a shithole
Member since Oct 2016
8532 posts
Posted on 8/20/18 at 3:11 pm to
quote:

Why do you hate American made products? Because you like cheap crappy Chinese metal?


Why do you hate the free market?
Posted by Lg
Hayden, Alabama
Member since Jul 2011
6816 posts
Posted on 8/20/18 at 3:19 pm to
quote:

I am just wandering does it continue when the trade war stops?


I wasn't responding to you but IB Chinaman, but if the tariffs put American steel mills on a more equal footing with cheap Chinese steel, I'm all for it.
Posted by slackster
Houston
Member since Mar 2009
84787 posts
Posted on 8/20/18 at 3:21 pm to
Let me spare you the suspense - 95% of this board has no clue how tariffs work. All they know is that Trump is for them, so they should be for them too. They've got zero ability to have a discussion on the topic other than "muh tariffs."

quote:

When the tariff goes away does the job go away also? Is the tariff's purpose to make the US product capable of competing with cheap Chinese product? Whats the end game do the Chinese raise there prices therefore making the US product attractive. What happens if the tariff is ending and these jobs go away again?


As to your question, the steel and aluminum tariffs are essentially stop gap measures. Trump's gains with respect to trade have come from more favorable terms for US exports. We're much more likely to come out of these negotiations with better export deals (lower tariffs on US products in these countries) and in return we drop the tariffs on imports here.

ETA - I believe it's unlikely to result in long-term gains in the American steel and aluminum industry. I think they're just a pawn being used for more favorable export deals.
This post was edited on 8/20/18 at 3:36 pm
Posted by gthog61
Irving, TX
Member since Nov 2009
71001 posts
Posted on 8/20/18 at 3:26 pm to
Why do you hate letting negotiations play out?
Posted by Lg
Hayden, Alabama
Member since Jul 2011
6816 posts
Posted on 8/20/18 at 3:32 pm to
quote:

Why do you hate the free market?


What's free about it? Chinese steel sells for pennies on the dollar and is crap compared to American steel.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
73568 posts
Posted on 8/20/18 at 3:33 pm to
quote:

Why do you hate the free market?




How can you hate something that doesn't exist
Posted by slackster
Houston
Member since Mar 2009
84787 posts
Posted on 8/20/18 at 3:35 pm to
quote:

Chinese steel sells for pennies on the dollar and is crap compared to American steel.


So what's the problem? If people need American quality, they'll pay for it. If they want to roll with the cheap stuff, so be it.
Posted by Lg
Hayden, Alabama
Member since Jul 2011
6816 posts
Posted on 8/20/18 at 3:47 pm to
quote:

So what's the problem? If people need American quality, they'll pay for it. If they want to roll with the cheap stuff, so be it.




Just be glad you're not an American manufacturer that's had it's trade secrets stolen and copied by the Chinese and selling your product on the market for pennies when it cost you dollars to make.
Posted by Pfft
Member since Jul 2014
3658 posts
Posted on 8/20/18 at 4:38 pm to
I B Alter??
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