Originally Posted by
RLS0812
It's interesting that EU countries can charge
ungodly high "duties" on imported goods, yet the US is expected to allow any country to dump their cheap # for free.
My brother who is no expert told me that our beef is subject to a 300% tariff in Italy. If you import(and why would you?) an American car to Vietnam there is a 100% tariff. I expect most of our exports are subject to tariffs.
I am still not convinced that tariffs on steel and Al are in the best interest of the US citizens because I expect goods to cost a little more. These tariffs may be a stated reason why prices are raised to the extent they may be.
Utilizing the tariffs as bargaining devices in negotiations for trade deals with China and others may prove a real value. This may take years to to see any real change. I really do hope that the US steel manufactures will update or build new facilities. The advent of the mini mills like NuCor steel has built has been great for the steel manufacturing.
We shall see, but we may not pay attention. (by "we" I mean the entire population of the US) Mike
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