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Did you oppose or support the 35% tariff Pres Obama put on imported auto tires?

Posted on 3/2/18 at 9:53 am
Posted by LSURussian
Member since Feb 2005
134913 posts
Posted on 3/2/18 at 9:53 am
I opposed it. It did nothing but protect union jobs at the expense of the rest of us who paid higher prices for tires.
quote:

President Obama slapped a stiff 35% tariff on Chinese tires in 2009 after American companies complained about unfair competition.

They said China was flooding America with tires at low prices making it tough for U.S. companies to compete. The tire tariff gradually waned, and finally ended in 2012.

The tariff saved 1,200 U.S. tire jobs, which had been in sharp decline. And U.S. tire production rose after a major decline.

According to Peterson's model, higher prices from the tire tariff cost Americans an extra $1.1 billion, which translated to an estimated 3,731 retail jobs lost.
LINK

Did you support or oppose President W. Bush when he removed tariffs on imported steel in 2003 that he had imposed only the year before?

I was very happy when he removed the tariffs. All the tariff did was protect the jobs of United Steel Workers union jobs, increased the cost of autos and all other products made from steel and gave less incentive for U.S. domestic steel makers to modernize their manufacturing process to be able to compete with foreign steel makers.

So why do you think tariffs on imported steel is a wise economic policy now?

Do you support it just because Trump did it?


If so, please surrender your "conservative" principles to that man in the white coat over there because you're not using them any more.===>

Thanks.
Posted by Iosh
Bureau of Interstellar Immigration
Member since Dec 2012
18941 posts
Posted on 3/2/18 at 9:54 am to
quote:

"conservative" principles
You mean trolling the libs?
Posted by Y.A. Tittle
Member since Sep 2003
110957 posts
Posted on 3/2/18 at 9:54 am to
quote:

According to Peterson's model, higher prices from the tire tariff cost Americans an extra $1.1 billion, which translated to an estimated 3,731 retail jobs lost.


How did they tie this specifically to "retail jobs"?
Posted by beachdude
FL
Member since Nov 2008
6494 posts
Posted on 3/2/18 at 9:57 am to
LSU Russian: Ditto.
Posted by 90proofprofessional
Member since Mar 2004
24445 posts
Posted on 3/2/18 at 9:57 am to
quote:

Here's a study on an episode of some protectionist action very recently under the Obama admin, where we stepped in on tire trade to protect a tiny favored group of workers. We saved at most 1,200 jobs, temporarily, at a cost of over $1.1 billion total. A benefit, and a cost. Nearly a million per job temporarily saved.

So tell me more about why "in practice none of this would ever happen." I'm willing to listen, and even entertain some alternative theories.
link to a study on that episode there
This post was edited on 3/2/18 at 9:58 am
Posted by Wtodd
Tampa, FL
Member since Oct 2013
68544 posts
Posted on 3/2/18 at 9:58 am to
I would support banning Chinese tires all together
Posted by SirWinston
Say NO to War
Member since Jul 2014
104464 posts
Posted on 3/2/18 at 10:00 am to
He ran on it and explained why. It’s how he swung the Rust Belt. It’s his path to reelection in 2020. It’s the price to help prop up good Americans and stave off our pending defeat in the culture wars for as long as possible. It’s how your great grandchildren will be able to live in a version of America that hopefully still resembles in some ways the country that you knew and loved. “Principled free market conservatism” lends itself to President W. Bush and losing candidates McCain and Romney. I’ll take DJT over those cucks any day.

You have money - buy US Steel / Alcoa to hedge your portfolio and enjoy helping fellow patriots fight to #MAGA
This post was edited on 3/2/18 at 10:04 am
Posted by FinebaumsHair
Monroe, La
Member since Aug 2017
3001 posts
Posted on 3/2/18 at 10:00 am to
I don't like tariffs of any kind but if other countries are hammering us we should hammer their asses twice as hard and break them. That is all Trump is doing, he isn't throwing a tariff on and walking away. The man is negotiating.
Posted by LSURussian
Member since Feb 2005
134913 posts
Posted on 3/2/18 at 10:03 am to
quote:

How did they tie this specifically to "retail jobs"?
As you know I didn't write the article nor perform the analysis mentioned in it. And the article doesn't go into detail how the job loss estimate was derived.

But I assume the answer to your question is an extrapolation from the estimated $1.1 billion in higher costs at the retail level for tires. With the higher costs there would be lower demand and people would postpone buying new tires at the higher cost thus requiring fewer retail employees to sell the tires.

Just my best guess....
Posted by cahoots
Member since Jan 2009
9134 posts
Posted on 3/2/18 at 10:03 am to
Obama's tariff specifically applied to China, specifically applied to tires, and it had an expiration date. Supposedly in response to unfair trade.

Trump is implementing a tariff that applies to all imported steel and aluminum. And I'm not sure on the timeframe.

Two different beasts. Don't think it's inconsistent to favor one and not the other. Not that I do.

This post was edited on 3/2/18 at 10:04 am
Posted by fallguy_1978
Best States #50
Member since Feb 2018
53535 posts
Posted on 3/2/18 at 10:06 am to
The steel and aluminum tariff is a stupid idea.

quote:

Trump Steel Tariffs Will Miss China And Hit Canada, Wall Street And You

quote:

Canada is the biggest steel exporter to the U.S., shipping 5.8 million metric tons in 2017, or about 16% of total steel imports. Yet Canada is also, far and away, the largest export market for U.S. steelmakers.

quote:

On the other hand, China, which the Commerce Department characterizes as by far the worst offender, accounting for about half of global steel overcapacity, only provides about 2% of U.S. imports, so it won't feel much direct impact from a 25% tariff.

quote:

The collateral damage may include workers from Ford (F) and General Motors (GM), along with American car buyers and — if the Dow Jones industrial average's 420-point dive on Thursday is any indication — U.S. stock investors


Investor's Business Daily
Posted by OBReb6
Memphissippi
Member since Jul 2010
41553 posts
Posted on 3/2/18 at 10:08 am to
This is the first major thing Trump has done that I have serious disagreements with. I can’t really even say I’m angry with him because he’s been pretty clear about his stance on this issue for a long time.

Would still vote for him over any piece of shite the democrats trot out there in 2020, but I don’t see why some feel the need to go out of their way to defend shite just because he did it. It’s ok to disagree sometimes.
Posted by SirWinston
Say NO to War
Member since Jul 2014
104464 posts
Posted on 3/2/18 at 10:08 am to
Oh wow a IBD supports TPP and NAFTA and unfair “free trade”. Knock me down with a feather.
Posted by LSURussian
Member since Feb 2005
134913 posts
Posted on 3/2/18 at 10:09 am to
quote:

I don’t see why some feel the need to go out of their way to defend shite just because he did it. It’s ok to disagree sometimes.
My thoughts exactly.
Posted by SirWinston
Say NO to War
Member since Jul 2014
104464 posts
Posted on 3/2/18 at 10:10 am to
Your outlook is very close to mine. I’d prefer President Trump and tariffs to candidate Rubio with TPP, open borders and a changing country as a BEST CASE scenario.
This post was edited on 3/2/18 at 10:11 am
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
98080 posts
Posted on 3/2/18 at 10:11 am to
Peter Navarro made a strong case on why I shouldn't be running around with my hair on fire over this

Didn't care what the last admin did with tires
Posted by Vacherie Saint
Member since Aug 2015
47575 posts
Posted on 3/2/18 at 10:11 am to
quote:

So why do you think tariffs on imported steel is a wise economic policy now?


I'd rather just stop buying steel from countries who aren't trading free with the US. Then supplies get out of whack and you pay more, but it's better than rewarding cheaters at the expense of American jobs.
Posted by LSURussian
Member since Feb 2005
134913 posts
Posted on 3/2/18 at 10:13 am to
quote:

Oh wow a IBD supports TPP and NAFTA and unfair “free trade”. Knock me down with a feather.


So, you approved of Obama's tariff on tires and you were disappointed when Pres W. Bush removed the tariff on imported steel?
Posted by Y.A. Tittle
Member since Sep 2003
110957 posts
Posted on 3/2/18 at 10:14 am to
quote:

This is the first major thing Trump has done that I have serious disagreements with. I can’t really even say I’m angry with him because he’s been pretty clear about his stance on this issue for a long time.

Would still vote for him over any piece of shite the democrats trot out there in 2020, but I don’t see why some feel the need to go out of their way to defend shite just because he did it. It’s ok to disagree sometimes.



I generally agree with all of this, but would only add, I think I need more information to even declare that I definitively "disagree" with this proposal at this point. If he's going to implement an outright unlimited tariff, I'd probably say that's not a good idea, but I'm not sure that's what will ultimately occur here.
Posted by Vacherie Saint
Member since Aug 2015
47575 posts
Posted on 3/2/18 at 10:15 am to
quote:

So, you approved of Obama's tariff on tires and you were disappointed when Pres W. Bush removed the tariff on imported steel?


Cathy Newman, is that You?
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