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GOV/MIL (DONE!) Trump Signs Trade Section 232 Proclamations on Steel and Aluminum
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  1. #1
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    2 (DONE!) Trump Signs Trade Section 232 Proclamations on Steel and Aluminum

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    President Trump Signs Trade Section 232 Proclamations on Steel and Aluminum – 3:30pm Livestream…
    Posted on March 8, 2018 by sundance

    President Trump will sign a trade-section 232 proclamation today to elevate Steel and Aluminum manufacturing to be of national security status. The overall trade initiative which stems from the 232 proclamation will be a 25% trade tariff on imported steel and a 10% trade tariff on imported aluminum. POTUS Trump will control exemptions.

    The trade announcement is anticipated at 3:30pm in the White House today.

    https://theconservativetreehouse.com...pm-livestream/
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  2. #2
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    Another Trump Campaign Promise Kept!!
    There is a literal mountain of aluminum in Mexico that was made in China, paid for by subsidies, and will be washed and sent to the US with no tariff and undercut American producers. .
    But all my friends and family in Goldendale and Wenatchee, who made competitively priced aluminum are out of jobs because nobody subsidized them and the company had to make a profit.
    . SS
    “Then the creatures of the high air answered to the battle, .., and the woods trembled and the wind sobbed telling them, the earth shook,; the witches of the valley, and the wolves of the forests, howled from every quarter and on every side of the armies, urging them against one another.”
    ― Lady Gregory, Gods and Fighting Men: The Story of the Tuatha De Danaan and the Fianna of Ireland

  3. #3
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    Good bad or indifferent, he's kept more of his word than any president I can remember.
    Facts?? We don't need no stinkin facts...

  4. #4
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    He has told Canada and Mexico he will give them exemptions on this tariff IF they give him what he wants in NAFTA.

    This is why the politowhores in DC NEED TO KEEP THEIR MOUTHS SHUT RIGHT NOW and let this play out!!! Trump knows what he's doing!
    Don't just go to church. BE THE CHURCH!

  5. #5
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    Quote Originally Posted by Buick Electra View Post
    He has told Canada and Mexico he will give them exemptions on this tariff IF they give him what he wants in NAFTA.

    This is why the politowhores in DC NEED TO KEEP THEIR MOUTHS SHUT RIGHT NOW and let this play out!!! Trump knows what he's doing!
    Great advice for both R's and D's.
    The D's are in the process of screwing themselves into the ground.
    The R's can't screw anything or anyone but other R;s.
    SS
    “Then the creatures of the high air answered to the battle, .., and the woods trembled and the wind sobbed telling them, the earth shook,; the witches of the valley, and the wolves of the forests, howled from every quarter and on every side of the armies, urging them against one another.”
    ― Lady Gregory, Gods and Fighting Men: The Story of the Tuatha De Danaan and the Fianna of Ireland

  6. #6
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    This one's for Smith....



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  7. #7
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    Hooray for more inflation! Let the peasantry pay more for items made with steel and aluminum - it is in the best interest of the few aluminum and steel producers (wrapped up in an American flag of course).

  8. #8
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    Quote Originally Posted by Wilbur View Post
    Hooray for more inflation! Let the peasantry pay more for items made with steel and aluminum - it is in the best interest of the few aluminum and steel producers (wrapped up in an American flag of course).
    Because what we've been doing for the last 40 years has worked out so well for us, eh Wilbur?

    Wilbur wants us all to keep acting out the definition of 'insanity.' Those who agree, please raise your hands.
    Don't just go to church. BE THE CHURCH!

  9. #9
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    Quote Originally Posted by Buick Electra View Post
    Because what we've been doing for the last 40 years has worked out so well for us, eh Wilbur?

    Wilbur wants us all to keep acting out the definition of 'insanity.' Those who agree, please raise your hands.
    Yes, keeping prices low HAS worked out well for us. What it has not worked out well for are the large corporations who have to compete in - certainly - an unfair steel and aluminum production market.

    And, RAISE YOUR HANDS!, if you want to pay more for that car, can of beer, can of soda, tank of gas (oil is still shipped in barrels remember?) - and any other product you can think of that uses steel or aluminum.

    BE PROUD that you can further enrich people like Mario Longhi, CEO of United States Steel who makes a "paltry" sum of only $10,923,351 a year.

  10. #10
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    Here's a little lagniappe for you:

    From https://www.thestreet.com/story/1450...m-tariffs.html

    "Make no mistake, this is a tax on American families. When costs of raw materials like steel and aluminum are artificially driven up, all Americans ultimately foot the bill in the form of higher prices for everything from canned goods to automobiles," the National Retail Federation said in an emailed statement. "The reality is that there is nothing this country will gain from such a one-sided policy. These tariffs threaten to destroy more U.S. jobs than they will create while sending an alarming signal to our trading partners and diminishing markets for American-made products overseas."

  11. #11
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    Quote Originally Posted by Wilbur View Post
    Yes, keeping prices low HAS worked out well for us. What it has not worked out well for are the large corporations who have to compete in - certainly - an unfair steel and aluminum production market.

    And, RAISE YOUR HANDS!, if you want to pay more for that car, can of beer, can of soda, tank of gas (oil is still shipped in barrels remember?) - and any other product you can think of that uses steel or aluminum.

    BE PROUD that you can further enrich people like Mario Longhi, CEO of United States Steel who makes a "paltry" sum of only $10,923,351 a year.
    Oil is shipped via sea tankers, pipeline, truck, and is stored in giant oil containers at the refinery. The price is measured by the barrel technically. It's not economically feasible to ship oil in 50 gallon barrels. We might have to pay a little bit more for cans of food items, but I'd be willing to pay extra to give a JOB to someone so they can feed their family and themselves and stay off the public dole.

  12. #12
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    Quote Originally Posted by Wilbur View Post
    Here's a little lagniappe for you:

    From https://www.thestreet.com/story/1450...m-tariffs.html

    "Make no mistake, this is a tax on American families. When costs of raw materials like steel and aluminum are artificially driven up, all Americans ultimately foot the bill in the form of higher prices for everything from canned goods to automobiles," the National Retail Federation said in an emailed statement. "The reality is that there is nothing this country will gain from such a one-sided policy. These tariffs threaten to destroy more U.S. jobs than they will create while sending an alarming signal to our trading partners and diminishing markets for American-made products overseas."
    You left out this part Wilbur - from your link:

    On the other hand, General Motors Co. (GM) , the U.S. largest automobile producer, said it will roll with the punches Thursday. In a statement, the company said it purchases over 90% of its steel for U.S. production from U.S. suppliers.

    "We need to better understand the details around the announcement today, but the bottom line is we support trade policies that enable U.S. manufacturers to win and grow jobs in the U.S., and at the same time succeed in global markets," the company said. "Over the last several years, we have shown we are a disciplined company with the ability to adjust and adapt to a variety of market changes around the world, and we'll do that again as needed."

    Notably, Japanese auto maker Toyota Motor Corp. (TM) also said a majority of its steel and aluminum purchases come from the United States.

  13. #13
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    Quote Originally Posted by Wilbur View Post
    Yes, keeping prices low HAS worked out well for us. What it has not worked out well for are the large corporations who have to compete in - certainly - an unfair steel and aluminum production market.

    And, RAISE YOUR HANDS!, if you want to pay more for that car, can of beer, can of soda, tank of gas (oil is still shipped in barrels remember?) - and any other product you can think of that uses steel or aluminum.

    BE PROUD that you can further enrich people like Mario Longhi, CEO of United States Steel who makes a "paltry" sum of only $10,923,351 a year.
    Its cool you know the salary of Longhi. Since you apparently looked that up could you also share with us the annual payroll of US Steel as well? It would be nice to know how much the other workers make and then spend in their communities which in turn helps drive the economy of the areas they live in.

  14. #14
    Quote Originally Posted by Wilbur View Post
    Hooray for more inflation! Let the peasantry pay more for items made with steel and aluminum - it is in the best interest of the few aluminum and steel producers (wrapped up in an American flag of course).
    You obviously don't build structures or give a shit about national security. Having your sworn economic enemies supply you with critical items is dumb on all planets...

    Dumping cheap defective and shitty metal on us through the back door of NAFTA is economic war.

    Walmart is Chinamart and the symbol of Bush Clinton selling out America so a pathetic commie country could use its political and religious prisoners to make crap so cheap and useless it would put most of our manf out of business.

    I took a walk into Walmart in a nice town last night, and looked at the pathetic cheap merchandise and the even more pathetic avg patrons (poor and illegals) who were shopping there.

    I don't ever remember seeing that many bad and pitiful looking Americans in one spot except a large homeless camp.

    It struck a chord with me on how far we have fallen in the American dream.


    So paying a little more for American made goods is my extreme joy and privilege and not a f""king political and economic disaster as you suggest....

  15. #15
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    Quote Originally Posted by Shacknasty Shagrat View Post
    Another Trump Campaign Promise Kept!!
    There is a literal mountain of aluminum in Mexico that was made in China, paid for by subsidies, and will be washed and sent to the US with no tariff and undercut American producers. .
    But all my friends and family in Goldendale and Wenatchee, who made competitively priced aluminum are out of jobs because nobody subsidized them and the company had to make a profit.
    . SS
    Yep Trump did good on this, in spite of the panic of those RINO repubs.
    The Chinese have been trans shipping steel as you describe for decades. We have been buying Chinese steel from countries that don't even make steel.
    Trump said that will stop, no transfer shipping to be allowed.
    Mexico and Canada are already exempt from the tariff as long as they don't engage in transfer shipping.
    All other countries are invited to negotiate their own exemptions.
    That's Trump just trying to establish some fairness for the US in international trade. About time!
    The tariffs just gave him the tools to do that.


    FYI: The liberal press made a big deal out of saying that only 2% of our steel came from China.
    Trump corrected that lie by pointing out that a much greater percentage of Chinese steel comes into the US by transfer shipping via a third country, some who don't even produce any steel.

    It's sad that many Americans could care less for their fellow Americans put out of work by imported steel from countries who are willing to subsidize their steel plants so they can gain control over world markets.
    Trump already said that he is ready to negotiate exemptions for any country willing to deal fairly across the board trading with the US.
    "When you're dead, you don't even know you're dead.
    It's difficult only for others.
    It's the same when you're stupid."

  16. #16
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    I saw a snip somewhere that it might add $250 to the price of a car and a few cents to a can of whatever.
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  17. #17
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    Quote Originally Posted by Millwright View Post
    I saw a snip somewhere that it might add $250 to the price of a car and a few cents to a can of whatever.
    The article linked below says $100 to $250, but an ex-Congressman was on the local radio the other day and he said it could be as low as $50 for the smaller cars that a lot of people drive now.

    I don't remember how much they said it would increase soda/beer costs in a can.


    Also, I don't know what the average steelworker makes, but during the recorded discussion a few weeks ago, one of the Senators said the plant he wants reopened in his state would be paying their workers $70,000+ or more a year.

    ETA: and that place was small a few hundred workers, but many are much larger and I assume pay much more.


    posted for fair use and discussion
    http://markets.businessinsider.com/c...8-3-1017709471


    Trump's steel tariff may not cause as much inflation as everyone thinks

    Jacob Sonenshine
    Mar. 5, 2018, 10:48 AM

    REUTERS/Umit Bektas

    President Donald Trump announced a steel tariff of 25% is coming next week.
    The tariff could mean big price increases for US steel companies.
    It also means higher costs for steel buyers.
    But Cowen and Company analyst Novid Rassouli says the tariffs shouldn't cause too much inflation.

    President Donald Trump's proposed tariffs probably won't cause as much inflation as everyone thinks, according to Cowen and Company analyst Novid Rassouli.

    Thursday, Trump announced he was getting ready to slap tariffs on imports of steel and aluminum.

    "We're going to build our steel industry back; we're going to build our aluminum industry back," Trump said.

    The president said the tariffs, which are taxes on imports, would be 25% for steel and 10% for aluminum. In a meeting with executives from steel and aluminum producers, Trump said the tariffs would be rolled out next week to help bolster the US metal industries.

    "We'll be signing it next week. And you'll have protection for a long time in a while," Trump told the executives. "You'll have to regrow your industries; that's all I'm asking."

    And while the tariffs are expected to significantly boost the market share of domestic steel and aluminum manufacturers, they have sparked concerns over inflation.

    But a steel price increase, even one as drastic as the 25%, Rassouli said, still wouldn't cause huge price increases across the economy.

    That's because steel and metal prices only make up a small portion of the price in things like cars and houses. When automakers or homebuilders produce their goods, the cost of buying the metal is relatively low, compared to the total cost of putting the good together.

    "If steel goes up 20%,"Rassouli said, the price of a car "might go up immaterially." He gave the example that a car worth $30,000 would only increase $200 on a 20% steel price increase.

    Former Nucor CEO Dan DiMicco agrees. He told CNBC Thursday that a $1,000 per ton increase in the cost of steel would maybe raise a car's price $100 or $200 and that it's a "non-issue as far as the fear mongering that's going on."

    General Motors isn't concerned either. "We purchase over 90 percent of our steel for U.S. production from U.S. suppliers," the company said in a statement. "We need to better understand the details around the announcement today, but the bottom line is we support trade policies that enable U.S. manufacturers to win and grow jobs in the U.S., and at the same time succeed in global markets."
    Last edited by Lilbitsnana; 03-08-2018 at 08:38 PM.
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  18. #18
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    https://www.youtube.com/watch?v=qb3tpaBEmwc
    7:56

    Published on Mar 8, 2018
    Uploaded under "Fair Use" provisions for discussion and commentary at http://PolitiBrew.com

  19. #19
    TPTB created crises, over many decades, and TPTB are still dictating how they "fix" it. Trump is one of them, he is told what to do. He was groomed for a long time for this position.

    A lot of smoke and mirrors.
    Veiled in flesh, the Godhead see; hail the incarnate Deity. Pleased as man with men to dwell, Jesus our Emmanuel. — CHARLES WESLEY

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  20. #20
    Quote Originally Posted by TammyinWI View Post
    TPTB created crises, over many decades, and TPTB are still dictating how they "fix" it. Trump is one of them, he is told what to do. He was groomed for a long time for this position.

    A lot of smoke and mirrors.
    so just how much money are you going to loose when the tariffs go into place ..

    the way you are talking makes it sound like you have your hand in the Chinese steel pie and you are going to loose money..

    apparently you don't mind the fact that at any time for any reason china could just say no more steel for you .

    then where does it come from if we are not making it ? Russia? nope don't think so so where does it come from?

  21. #21
    Quote Originally Posted by byronandkathy2003 View Post
    so just how much money are you going to loose when the tariffs go into place ..

    the way you are talking makes it sound like you have your hand in the Chinese steel pie and you are going to loose money..

    apparently you don't mind the fact that at any time for any reason china could just say no more steel for you .

    then where does it come from if we are not making it ? Russia? nope don't think so so where does it come from?
    I am not going to lose any, that I know off, except as a consumer, I wonder how this will affect the Average Americans pocketbook.

    I am nowhere near that position, or "caliber"...that is laughable, actually. I am just a peon who has a strong Faith in God, the God of Abraham, who is very thankful for God's Mercy, Grace, Provision, and Guidance.

    Come to think of it, I wouldn't invest in China anything...except I guess what I buy in the stores. All stores carry things made in other countries.

    Research where the Trump's clothing lines are made. Ain't America.

    Some things are beyond my control, as is typical of the "little guy" these days. I grew up immersed in this crap, my dad served in Vietnam (my parents were very young when I was born), and everything has sucked since I was a small child.

    It should have been all made here, all of it. Everything. Is that sustainable? Would it have been over the last several decades?
    Veiled in flesh, the Godhead see; hail the incarnate Deity. Pleased as man with men to dwell, Jesus our Emmanuel. — CHARLES WESLEY

    For every prophecy on the first coming of Christ, there are eight on Christ’s second coming. — PAUL LEE TAN

  22. #22
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    Trump is helping to restore the balance of justice, the flow of prosperity and the values of truth, life and love wherever he goes.
    Don't just go to church. BE THE CHURCH!

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    Don't just go to church. BE THE CHURCH!

  24. #24
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    Quote Originally Posted by Buick Electra View Post

    Man girl I love that one, very good.
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    "Mexico and Canada are already exempt from the tariff as long as they don't engage in transfer shipping."

    mark my words

    the rainbow warrior with the good hair.. WILL mess this up.

    if one of you fine folk down south, could send us one of pres Trump's cufflinks,

    I would be more than happy to vote for it, in our next election..

    our 'choices' are.. dismal

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