25% tariffs on steel and aluminium

10 February 2025, 14:53

Steve Bertram

That will help keep inflation down

https://www.bbc.com/news/live/cd7dwq87zvqt

Attacking our closest allies economically, it would be hard to devise worse policy if you tried.

10 February 2025, 19:17

TomP

quote:
Originally posted by Steve Bertram:
That will help keep inflation down

https://www.bbc.com/news/live/cd7dwq87zvqt

Attacking our closest allies economically, it would be hard to devise worse policy if you tried.

We will switch to zinc alloy pot metal using what we don't use any more on pennies or maybe brass for really expensive stuff. A CPI "substitution bias" case. Maybe I'll visit IMS Metals this morning and see what's changed.

11 February 2025, 07:59

medved

make yourself be ready to pay more for steel and aluminium ...

11 February 2025, 16:30

Saeed

Best part is no one sees this for what it is.

TAX on Americans!

11 February 2025, 18:58

Steve Bertram

quote:
Originally posted by Saeed:
Best part is no one sees this for what it is.

TAX on Americans!

Some of us do.....

11 February 2025, 19:14

ledvm

In my real-estate buying/remodeling business…I buy a good bit steel (red-iron, fencing tubing, sheet metal) along with lumber. Again…I will worry when I see my invoices start increasing.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
J. Lane Easter, DVM

A born Texan has instilled in his system a mind-set of no retreat or no surrender. I wish everyone the world over had the dominating spirit that motivates Texans.– Billy Clayton, Speaker of the Texas House

No state commands such fierce pride and loyalty. Lesser mortals are pitied for their misfortune in not being born in Texas.— Queen Elizabeth II on her visit to Texas in May, 1991.

11 February 2025, 19:26

jeffeosso

quote:
Originally posted by ledvm:
In my real-estate buying/remodeling business…I buy a good bit steel (red-iron, fencing tubing, sheet metal) along with lumber. Again…I will worry when I see my invoices start increasing.

Remember when, under jobama, a sheet of CDX was like 75 bucks? Lumber prices through the roof?

11 February 2025, 19:27

Magine Enigam

quote:
Originally posted by Steve Bertram:

Attacking our closest allies economically, it would be hard to devise worse policy if you tried.

It's more like a strategy, Trump style.

"Policy" might be something like, cut him loose trust him and see what happens. After all he's a deal maker and business man - right?

Not to mention con-artist, fraud and scammer and liar.

What's the purpose of the strategy? Did he even say? How is it supposed to be measured as to success or not?

*************
“Those who control the present, control the past and those who control the past control the future.” George Orwell, 1984
https://www.google.com/search?...sclient=gws-wiz-serp

Degenerate 1:1
1 Then Trump said, "Let Us re-make a Nation in MY Image, after My likeness, to rule over everything in the Nation, and over all the earth itself and every creature that crawls upon it".

Degenerate 1:2
2 Then Trump said, "Vengeance is mine, I will repay on your behalf."

Degenerate 1:3
3 "My Kingdom come, My will be done."

"When fascism comes to America, it will be wrapped in the flag and carrying a cross." - Sinclair Lewis

O.J. Trump aka Trumpism's Founding Farter, aka Farter Martyr.

"Be careful. When a democracy is sick, fascism comes to its bedside, but it is not to inquire about its health." - Albert Camus

11 February 2025, 19:36

Steve Bertram

quote:
Originally posted by jeffeosso:
quote:
Originally posted by ledvm:
In my real-estate buying/remodeling business…I buy a good bit steel (red-iron, fencing tubing, sheet metal) along with lumber. Again…I will worry when I see my invoices start increasing.

Remember when, under jobama, a sheet of CDX was like 75 bucks? Lumber prices through the roof?

Was that due to a supply shortage and increased demand or tariffs Daisey? Good old supply and demand seems to be something that you just can't wrap that tiny little brain of yours around.

11 February 2025, 20:19

Bill Leeper

I don't know what his strategy might be, but he has accomplished little. He has managed to make Trudeau less unpopular. He has managed to alienate a majority of Canadians.
Canada's response to Trump's blustering bullshit should be to ignore him while seeking out alternative markets for exports. Also, building up a manufacturing base and refining our own raw materials, rather than exporting them.
Trump talks about a 51st state (more bullshit, of course), he can only be doing this in an attempt to piss people off. Canada, while deep in debt after 9 years of Liberal waste, can potentially get out of debt. The US cannot, except by defaulting. Of course, defaulting on a debt is nothing new to Donald Trump. Bill.

11 February 2025, 21:13

TomP

quote:
Originally posted by Steve Bertram:
That will help keep inflation down

https://www.bbc.com/news/live/cd7dwq87zvqt

Attacking our closest allies economically, it would be hard to devise worse policy if you tried.

Trump doesn't have the patience or the intellect to sort out the collateral damage from the Project 2025 proposals.
It is our good fortune that he is trying them out during a period of relative strength.
Our Republic will survive, and be repaired in due course.

11 February 2025, 21:34

Magine Enigam

quote:
Originally posted by TomP:
quote:
Originally posted by Steve Bertram:
That will help keep inflation down

https://www.bbc.com/news/live/cd7dwq87zvqt

Attacking our closest allies economically, it would be hard to devise worse policy if you tried.

Trump doesn't have the patience or the intellect to sort out the collateral damage from the Project 2025 proposals.
It is our good fortune that he is trying them out during a period of relative strength.
Our Republic will survive, and be repaired in due course.

I'm not sure that this tariff thing is part of the Project 2025 fascist manifesto, which Trump doesn't have the aptitude to implement by himself. And the problem with that is that he thinks he knows it all and doesn't listen. That may be a saving grace. He can't help. Instead, he could just get in their way. The real fascists have to stumble all over Trump in their path with stupid narcissist shit.

Regarding collateral damage, he doesn't care about that. It's the let's make a deal bully thing a Dark Triad sadist would plot.

11 February 2025, 23:06

LHeym500

Only in Trump World does adding cost to raw materials not increase prices to those who buy those materials or products made w those materials.

Only in Trump World does a President through a dubiously legal executive order artificially create an environment for price increases on American consumers, after an election that was about things costing too much, be considered a good thing.

12 February 2025, 02:28

medved

quote:
Originally posted by LHeym500:
Only in Trump World does adding cost to raw materials not increase prices to those who buy those materials or products made w those materials.

Only in Trump World does a President through a dubiously legal executive order artificially create an environment for price increases on American consumers, after an election that was about things costing too much, be considered a good thing.

a president thinking that is an issue but not that bad but the choir of fanboyss not thinking it is wrong while they are entrepreneurs is more disturbing i will say...

13 February 2025, 02:05

medved

today canada and usa are saying the tariffs can become 50% on steel and alumimiun.... from the new tax 25% and might add on the 1st of march ... i doubt the consumers wont notice it ...

13 February 2025, 02:13

M.Shy

Some of it has its merit as many countries around the world are taking an advantage of our generosity
Every action has reaction and it goes both ways

13 February 2025, 02:31

medved

quote:
Originally posted by M.Shy:
Some of it has its merit as many countries around the world are taking an advantage of our generosity
Every action has reaction and it goes both ways

cannot wait to see our political and canadian tariffs reactions as you said it goes both ways ...