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louis c

(8,652 posts) Thu Mar 1, 2018, 06:43 PM Mar 2018

I have a question about Trump's tarriffs

If American automobile manufacturers have to pay a higher cost for steel, by buying imported steel with a 25% tariff or the higher priced American steel, yet foreign auto makers, building cars in their own country, pay far less for steel, won't that put American auto makers at a distinct disadvantage, right here in the U.S. market?

Will there by a tariff on manufactured goods that are produced using foreign steel? And, if so, won't that be a huge cost on consumers?

I'm big on buy American, but has this whole tariff plan been well thought out, or is this moron shooting from the hip?

4 replies

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I have a question about Trump's tarriffs (Original Post) louis c Mar 2018 OP

the last bit ...this moron is shooting from the hip Fresh_Start Mar 2018 #1

the important thing is that donnie's shaking things up! trying things that worked great in 1930! unblock Mar 2018 #2

so many foreign-owned car companies build their cars in the US, so I do not think Exotica Mar 2018 #3

They assemble their products here...there is a difference. Demsrule86 Mar 2018 #4

Fresh_Start

(11,330 posts)

1. the last bit ...this moron is shooting from the hip

Reply to louis c (Original post)

Thu Mar 1, 2018, 06:47 PM

Mar 2018

BTW the commerce department gave three proposals....one of which was
A much bigger tariff on steel or aluminum from specific target countries including trumps' beloved russia that would have targetted the actual offenders

unblock

(52,243 posts)

2. the important thing is that donnie's shaking things up! trying things that worked great in 1930!

Reply to louis c (Original post)

Thu Mar 1, 2018, 06:48 PM

Mar 2018

maga!

Exotica

(1,461 posts)

3. so many foreign-owned car companies build their cars in the US, so I do not think

Reply to louis c (Original post)

Thu Mar 1, 2018, 06:53 PM

Mar 2018

there is a straight forward answer.

That said, Trump is one of the last people who should be setting economic policy. So much of what he touches oft-times turns to shit.

Demsrule86

(68,578 posts)

4. They assemble their products here...there is a difference.

Reply to Exotica (Reply #3)

Thu Mar 1, 2018, 06:57 PM

Mar 2018

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