Biden to impose tariffs on China.

[Cellblock2429]

I thought democrats opposed tariffs as a tax on American consumers. What changed.
PITTSBURGH — President Bidenon Wednesday will call for tripling the tariff rate on steel and aluminum imported from China, a move aimed at preventing American manufacturers from being undercut by lower-cost imports.

Biden to call for tripling tariffs on Chinese aluminum, steel

President Biden on Wednesday will call for tripling the tariff rate on steel and aluminum imported from China, a move aimed at preventing American manufacturers from being undercut by lower-cost imports.

www.washingtontimes.com

 

[BluesLegend]

Right, after 3 years of F'ing over the steel industry Biden wants to buy some steel workers votes with this temporary tariff.

 

[bendog]

Right, after 3 years of F'ing over the steel industry Biden wants to buy some steel workers votes with this temporary tariff.

Since the 1970s, the U.S. government repeatedly has imposed duties on steel imports to protect U.S. steel production and employment. As of January 2022, 311 orders were in force imposing punitive duties on imported iron and steel mill products that were found to have been subsidized or sold below cost in the U.S. market and threaten the U.S. industry. In 2018, the Trump Administration imposed a separate set of tariffs on steel imports from almost all countries on national security grounds; during the Biden Administration the United States subsequently reached agreements with the European Union, Japan, and the United Kingdom to suspend those tariffs on specified quantities of their exports. The United States also has made increased use of domestic preference laws to require that iron and steel used in many federal projects and projects funded by federal grants be produced in the United States.These measures and an expanding economy helped the domestic steel industry operate at 81.1% of rated capacity in 2021, the highest level since 2007. Domestic steel prices registered record highs throughout 2021 and remain high relative to prices abroad. High prices and the likelihood of greater demand due to the recently enacted Infrastructure Investment and Jobs Act (P.L. 117-58) have encouraged investments that are expected to add 8% to industry steelmaking capacity. However, they have not led to improved productivity; steel mill tonnage per employee has been generally flat for nearly two decades.Excess steelmaking capacity has been a long-standing concern for domestic producers. The Organisation of Economic Cooperation and Development estimated excess capacity globally to be approximately 625 million metric tons in 2020. The large majority of capacity is in China, which accounted for over half of global steel output in 2020, while the United States accounted for approximately 4%. The Biden Administration has sought to address excess capacity in negotiations with trading partners over U.S. import restrictions.

https://crsreports.congress.gov/product/pdf/R/R47107

I'm fine with limiting imports to those that are not sold below cost.

 

[pknopp]

We get very little steel from China so it's mostly political rhetoric.

 

[BluesLegend]

Since the 1970s, the U.S. government repeatedly has imposed duties on steel imports to protect U.S. steel production and employment. As of January 2022, 311 orders were in force imposing punitive duties on imported iron and steel mill products that were found to have been subsidized or sold below cost in the U.S. market and threaten the U.S. industry. In 2018, the Trump Administration imposed a separate set of tariffs on steel imports from almost all countries on national security grounds; during the Biden Administration the United States subsequently reached agreements with the European Union, Japan, and the United Kingdom to suspend those tariffs on specified quantities of their exports. The United States also has made increased use of domestic preference laws to require that iron and steel used in many federal projects and projects funded by federal grants be produced in the United States.These measures and an expanding economy helped the domestic steel industry operate at 81.1% of rated capacity in 2021, the highest level since 2007. Domestic steel prices registered record highs throughout 2021 and remain high relative to prices abroad. High prices and the likelihood of greater demand due to the recently enacted Infrastructure Investment and Jobs Act (P.L. 117-58) have encouraged investments that are expected to add 8% to industry steelmaking capacity. However, they have not led to improved productivity; steel mill tonnage per employee has been generally flat for nearly two decades.Excess steelmaking capacity has been a long-standing concern for domestic producers. The Organisation of Economic Cooperation and Development estimated excess capacity globally to be approximately 625 million metric tons in 2020. The large majority of capacity is in China, which accounted for over half of global steel output in 2020, while the United States accounted for approximately 4%. The Biden Administration has sought to address excess capacity in negotiations with trading partners over U.S. import restrictions.

https://crsreports.congress.gov/product/pdf/R/R47107

I'm fine with limiting imports to those that are not sold below cost.

Asshole China has repeatedly DUMPED steel and many other products into the US under cost with the intent of driving the US businesses into bankruptcy. While our government, many of them on the take getting kickbacks and bribes allow them to get away with it. That's not even getting into China stealing our IP and blatantly counterfeiting our products. China is no friend to the US.

 

[BluesLegend]

Many iconic USA brands are now owned by China. Via unfair trade practices China forced these companies into bankruptcy, the US workers got laid off, then China purchased the brand for pennies on the dollar, moved the manufacturing to China and sell these fake inferior USA branded products back into our market.

 

[Mikeoxenormous]

I thought democrats opposed tariffs as a tax on American consumers. What changed.
PITTSBURGH — President Bidenon Wednesday will call for tripling the tariff rate on steel and aluminum imported from China, a move aimed at preventing American manufacturers from being undercut by lower-cost imports.

Biden to call for tripling tariffs on Chinese aluminum, steel

President Biden on Wednesday will call for tripling the tariff rate on steel and aluminum imported from China, a move aimed at preventing American manufacturers from being undercut by lower-cost imports.

www.washingtontimes.com

That racist mother fucker, how dare he put sanction against China... Joe Bribem must be Xenophobic.

 

[Mikeoxenormous]

Since the 1970s, the U.S. government repeatedly has imposed duties on steel imports to protect U.S. steel production and employment. As of January 2022, 311 orders were in force imposing punitive duties on imported iron and steel mill products that were found to have been subsidized or sold below cost in the U.S. market and threaten the U.S. industry. In 2018, the Trump Administration imposed a separate set of tariffs on steel imports from almost all countries on national security grounds; during the Biden Administration the United States subsequently reached agreements with the European Union, Japan, and the United Kingdom to suspend those tariffs on specified quantities of their exports. The United States also has made increased use of domestic preference laws to require that iron and steel used in many federal projects and projects funded by federal grants be produced in the United States.These measures and an expanding economy helped the domestic steel industry operate at 81.1% of rated capacity in 2021, the highest level since 2007. Domestic steel prices registered record highs throughout 2021 and remain high relative to prices abroad. High prices and the likelihood of greater demand due to the recently enacted Infrastructure Investment and Jobs Act (P.L. 117-58) have encouraged investments that are expected to add 8% to industry steelmaking capacity. However, they have not led to improved productivity; steel mill tonnage per employee has been generally flat for nearly two decades.Excess steelmaking capacity has been a long-standing concern for domestic producers. The Organisation of Economic Cooperation and Development estimated excess capacity globally to be approximately 625 million metric tons in 2020. The large majority of capacity is in China, which accounted for over half of global steel output in 2020, while the United States accounted for approximately 4%. The Biden Administration has sought to address excess capacity in negotiations with trading partners over U.S. import restrictions.

https://crsreports.congress.gov/product/pdf/R/R47107

I'm fine with limiting imports to those that are not sold below cost.

You should add an amendment to your name.

"BENDOVERANDTAKEITUPTHEASS"dog.

 

[Cellblock2429]

I thought democrats opposed tariffs as a tax on American consumers. What changed.
PITTSBURGH — President Bidenon Wednesday will call for tripling the tariff rate on steel and aluminum imported from China, a move aimed at preventing American manufacturers from being undercut by lower-cost imports.

Biden to call for tripling tariffs on Chinese aluminum, steel

President Biden on Wednesday will call for tripling the tariff rate on steel and aluminum imported from China, a move aimed at preventing American manufacturers from being undercut by lower-cost imports.

www.washingtontimes.com

/—-/ It’s Biden’s way of admitting Trump was right all along and he’s trying to play catch up.

 

[Cellblock2429]

I thought democrats opposed tariffs as a tax on American consumers. What changed.
PITTSBURGH — President Bidenon Wednesday will call for tripling the tariff rate on steel and aluminum imported from China, a move aimed at preventing American manufacturers from being undercut by lower-cost imports.

Biden to call for tripling tariffs on Chinese aluminum, steel

President Biden on Wednesday will call for tripling the tariff rate on steel and aluminum imported from China, a move aimed at preventing American manufacturers from being undercut by lower-cost imports.

www.washingtontimes.com

/—-/ democRATs admit Trump tariffs were the right move.

 

[d0gbreath]

/—-/ democRATs admit Trump tariffs were the right move.

It's almost looks like Joe is copying DJ. Between the two of them, we're finally getting our manufacturing base back home. It was a long time gone.

 

[boevans]

I thought democrats opposed tariffs as a tax on American consumers. What changed.
PITTSBURGH — President Bidenon Wednesday will call for tripling the tariff rate on steel and aluminum imported from China, a move aimed at preventing American manufacturers from being undercut by lower-cost imports.

Biden to call for tripling tariffs on Chinese aluminum, steel

President Biden on Wednesday will call for tripling the tariff rate on steel and aluminum imported from China, a move aimed at preventing American manufacturers from being undercut by lower-cost imports.

www.washingtontimes.com

Good for Biden, and good for America

 

[Harpy Eagle]

I thought democrats opposed tariffs as a tax on American consumers. What changed.
PITTSBURGH — President Bidenon Wednesday will call for tripling the tariff rate on steel and aluminum imported from China, a move aimed at preventing American manufacturers from being undercut by lower-cost imports.

Biden to call for tripling tariffs on Chinese aluminum, steel

President Biden on Wednesday will call for tripling the tariff rate on steel and aluminum imported from China, a move aimed at preventing American manufacturers from being undercut by lower-cost imports.

www.washingtontimes.com

You need a 3rd options on your poll that both tariffs are bad.

But, thanks for highlighting how alike Trump and Biden are in fiscal matters.

 

[whitehall]

Biden "to call for"? Be careful of predicting the agenda of a doddering old fool.

 

[Harpy Eagle]

We get very little steel from China so it's mostly political rhetoric.

They are our 18th biggest supplier of Aluminum.

This is purely for show.

 

[Harpy Eagle]

We get very little steel from China so it's mostly political rhetoric.

yep....

 

[Cellblock2429]

You need a 3rd options on your poll that both tariffs are bad.

But, thanks for highlighting how alike Trump and Biden are in fiscal matters.

/—-/ I’m glad Biden is trying to fix his broken administration.

 

[Harpy Eagle]

/—-: Hlad Bidennidvtrying to fix his broken administration.

Could you come back when you are sober and post that again....thanks

 

[Harpy Eagle]

It's almost looks like Joe is copying DJ. Between the two of them, we're finally getting our manufacturing base back home. It was a long time gone.

O yeah, tariffs on our 18th biggest supplier of Aluminum is going to make all the difference.

 

[Cellblock2429]

Could you come back when you are sober and post that again....thanks

/——/ You really are no fun. Fixed it. BELCH

/—-/ I’m glad Biden is trying to fix his broken administration.