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shawn <nanoflower@notforg.m.a.i.l.com> wrote:Fri, 21 Feb 2025 06:31:02 -0000 (UTC), Adam H. Kerman <ahk@chinet.com>:>Ed Stasiak <user1263@newsgrouper.org.invalid> wrote:>BTR1701>You've become the party of big business>Indeed.>How are steel and aluminum tariffs not going to raise the cost of
manufacturing of almost everything? How does the consumer benefit?Because it will bring steel production back to the USA.>
That doesn't make any sense. Tariffs dom't make domestic production the
low-cost producer.
>
Did it work for China? Obviously not as they are still subsidizing those
industries, to the detriment of their own economy.
>
IF they are doing something stupid, then the rest of the world might
take advantage.
>Admittedly it will take a few decades for that to happen and only>
if future Presidents continue the pain on the consumers. And only if
steel/aluminum production is cheap enough in the future to keep costs
down.
C'mon, shawn. You've just admitted that you are well aware that tariffs
don't magically turn domestic industry into the low-cost producer.
So the idea is we have pain now and for the rest of our lifetime to>
hopefully (Fingers crossed) it will bring down costs and provide jobs
in the future. The far future.
"Pain now and for the rest of our lifetime" means that we're the
higher-cost producer in the rest of the economy, and should be importing
finished goods from places not imposing tariffs on those inputs.
>
In many cases, there simply won't domestic sources anyway.
>
Let's take an obvious example of agricultural sugar from sugar cane and
sugar beets, two sets of growers that have been protected for years.
American candy manufacturers are still denied access to cheap sugar at
world prices. Chicago was once the candy-making heart of the United
States, with 24 major factories, the very last of which M&M/Mars closed
a few years ago. But this created the inferior substitution of high
fructose corn syrup, making the man who was once considered to be the
nation's biggest industrial welfare queen very very wealthy, Dwayne
Andreas.
>
Despite decade after decade after decade protecting these two
agticultural products, America is still not the low-cost producer.
>>If you listen to NPR, they pretty much daily harp on
the horrors of tariffs and how average working class Americans
are going to get raped at the grocery store, all because Trump
isn't letting China flood the U.S. with their products (all the
while China tariffs the shit out of imported American stuff).>They've denied their own consumers the benefits of world trade. Not the
problem of the rest of the world.We provide tariffs on Chinese goods that we want to limit in this>
country like EVs. This is something that was happening before Trump.
No shit. Trump is taking very bad ideas from the late 19th century and
turming them into domestic policy.
>>https://i.postimg.cc/Vv01p4LH/temp-Imageuk9-FBr.avif
https://i.postimg.cc/HjGHg5rW/temp-Imagej9-Su-Zk.avif>Why don't you demand a solution for bringing down domestic manufacturing
costs? The problem isn't isolating American consumers from world trade.
It's the sky high cost of land.>Find a graph that makes this point, that land values began rising faster
than the rate of inflation starting in the late '70s/early '80s. You
think tariffs will solve the land problem, given that land values inTrump may actually get it, but why should he care? It doesn't impact>
him or his friends.
As a developer, it would have impacted him.
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