Donald Trump doubles US steel and aluminium tariffs to 50%
Donald Trump doubles US steel and aluminium tariffs to 50%
Trump doubles down on his tariffs, while sparing the UK from the latest duties.
Don TACO has no idea how businesses work, does he?
Thus killing any attempts to actually bring manufacturing to the US.
Artificially Increasing the price of raw materials does not get people to build things here. This will drive more manufacturing away
"Nobody's going to get around that," he said of the 50% rate. "That means that nobody's going to be able to steal your industry. It's at 25% - they can get over that fence. At 50%, they can no longer get over the fence."
This is so dumb. Imagine working in that industry and just looking on in exalted horror as your livelihood wanes while this idiot claims it's for your best.
Yet, they still vote for him and continue their support hahaha. No matter how much Trump fuck them they still continue supporting him.
except if you are the UK, then you can stay at 25% (at least until the orange turd changes his mind)
Crazy how all developing countries want to move away from exporting materials to selling industrialised products but the US wants to go back to focusing on them. Regression in every possible way
Well, Canada can export their ultracheap green Aluminum to the EU, they need it for aeronautics anyway...
courts already overturned Trump's tariffs, you could make a killing by importing and not paying the customs
The problem is that shipping by ship takes many days (weeks?) and the tariff landscape changes almost hourly, so you might ship expecting things to be zero because of court orders, but in a week, the court with sour cream, the taco supreme Court might decide that tariffs are okay, but they need to be bigger.
It's basically gambling. Trump has lots of experience driving his casinos into bankruptcy.
An appeals court left them in place.
UPS still wants me to pay
This will encourage recycling of infinitely recyclable materials. That's good.
I don't see a problem with this
It’s a great deal everyone is talking about it.