U.S. Steel, AFL-CIO, and Others Praise Trump's Tariff Hikes on Steel and Aluminum

Well it will sure be nice if we can build a plant in Chicago to give the gang banging youth something productive to do...It's not as simple of a question as it seems...we have millions of out of work dependent or felonious people living in America...

Lets try and put them back to work by making our own steel and alloy and cars and clothes....it is worth the extra expense when you look at it that way...either way we pay...pay folks to sit home via your tax dollars and pay to incarcerate and bury them or pay a bit more for a car...take your pick....

No it is not worth the extra expense. The fact is that American steel manufacturers could have increased production if they wanted. Instead they will make out like bandits thanks to price-fixing by the government.
 
Here are the facts:
upload_2018-3-6_16-31-36.png


So while production has only marginally dropped the employment has over halved.


-----


On top of that, this insane move was done only 16 years ago...

How did that work?

Trump Wants to Impose Steel Tariffs. It Didn't Work for Bush

Trump Repeats Nixon's Folly

It cost 200,000 jobs...

Trade Wars don't produce winners just someone who lost least...

And lets point out that this latest Steel Tarrifs is aimed more at Germany and Canada than China.

upload_2018-3-6_16-37-12.png


So this is just a dumb move which will cost manufacturing jobs and raise the price of beer.
 
Before we get to the U.S. Steel and AFL-CIO statements, let's consider a little history about tariffs and their success--under Republican administrations:

From Lincoln to William McKinley to Theodore Roosevelt, and from Warren Harding through Calvin Coolidge, the Republican Party erected the most awesome manufacturing machine the world had ever seen.

And, as the party of high tariffs through those seven decades, the GOP was rewarded by becoming America's Party.

Thirteen Republican presidents served from 1860 to 1930, and only two Democrats. And Grover Cleveland and Woodrow Wilson were elected only because the Republicans had split.

Why, then, this terror of tariffs that grips the GOP? . . .

“Trade wars are not won, only lost,” warns Sen. Jeff Flake. But this is ahistorical nonsense.

The U.S. relied on tariffs to convert from an agricultural economy in 1800 to the mightiest manufacturing power on earth by 1900.

Bismarck’s Germany, born in 1871, followed the U.S. example, and swept past free trade Britain before World War I.

Does Senator Flake think Japan rose to post-war preeminence through free trade, as Tokyo kept U.S. products out, while dumping cars, radios, TVs and motorcycles here to kill the industries of the nation that was defending them. Both Nixon and Reagan had to devalue the dollar to counter the predatory trade policies of Japan.

Since Bush I, we have run $12 trillion in trade deficits, and, in the first decade in this century, we lost 55,000 factories and 6,000,000 manufacturing jobs.

Does Flake see no correlation between America’s decline, China’s rise, and the $4 trillion in trade surpluses Beijing has run up at the expense of his own country? (Patrick J. Buchanan: Why Is the GOP Terrified of Tariffs? | VDARE - premier news outlet for patriotic immigration reform)

The United States Steel Corporation (U.S. Steel) and the AFL-CIO, the biggest American federation of labor unions, as well as Senator Bernie Sanders, with whom I agree 90% on trade, have come out in strong support of President Trump's decision to impose high tariffs on steel and aluminum imports. U.S. Steel has also praised Trump's recent tariff hikes on washing machines and solar panels. Let's start with the ALF-CIO statement.

AFL-CIO:

For years, we have called attention to the predatory practices of some steel exporting countries. Such practices hurt working people and cheat companies that produce in the U.S. We applaud the administration's efforts today to fix this problem. Effective enforcement of trade laws, including section 232, is critical to leveling the playing field and ensuring that U.S. steel producers and their employees have a fair shot in the global economy. Secretary Ross, Ambassador Lighthizer and Director Navarro have rightly advocated for these actions despite opposition from the Wall Street wing of the administration. This is a great first step toward addressing trade cheating, and we will continue to work with the administration on rewriting trade rules to benefit working people. (Steel and Aluminum Tariffs Good for Working People | AFL-CIO)
U.S. Steel:

We are pleased to see the President's action on products critical to American manufacturing and energy production. We are hopeful the President will similarly use his authority to establish a broad Section 232 remedy targeting steel imports that threaten U.S. national security by undermining our industry, economic competitiveness and the industrial foundation on which our manufacturing sector rests [this is exactly what Trump is doing by raising steel tariffs]. We believe broad and decisive action against the multitude of foreign producers is fundamental to protecting our national security and American jobs.” (U.S. Steel Issues Statement on Presidential Tariffs on Imported Washing Machines, Solar Panels | United States Steel Corporation)
Globalists and free traders ignore the fact that a proven result of high tariffs is that they are designed, in part, to encourage foreign companies to manufacture their products in the U.S. The idea is NOT to keep foreign goods out of the country but to induce foreign companies to move production here. If a foreign company moves here, it hires American workers, pays American state and local taxes, and must compete with American companies on a level playing field.

Democratic politicians from the Rust Belt states have voiced support for President Trump's tariff hikes:

Rust-belt Democrats praise Trump's threatened metals tariffs

Democratic congresswoman supports Trump's tariffs: We can't afford to lose US steel production

Brown Welcomes Trump’s Plans to Finally Act on Steel Imports | U.S. Senator for Ohio


Further reading on tariffs, protectionism, and trade:

Free Trade vs. the Republican Party

https://enforcement.trade.gov/download/factsheets/factsheet-prc-alum-ext-adcvd-final-032911.pdf

https://enforcement.trade.gov/steel/license/documents/execsumm.pdf

U.S. Department of Commerce Finds Dumping and Subsidization of Imports of Silicon Metal from Australia, Brazil, Kazakhstan and Norway

Section 232 Reports

U. S. Steel Issues Statement on Department of Commerce Section 232 Report | United States Steel Corporation

Unions praise Trump on steel tariffs

I bet they praise him. They get to charge even more for their steel now that big gubmint is forcing people to buy it.. Well... until manufacturing flees. Enjoy higher prices across the board until then.
Before we get to the U.S. Steel and AFL-CIO statements, let's consider a little history about tariffs and their success--under Republican administrations:

From Lincoln to William McKinley to Theodore Roosevelt, and from Warren Harding through Calvin Coolidge, the Republican Party erected the most awesome manufacturing machine the world had ever seen.

And, as the party of high tariffs through those seven decades, the GOP was rewarded by becoming America's Party.

Thirteen Republican presidents served from 1860 to 1930, and only two Democrats. And Grover Cleveland and Woodrow Wilson were elected only because the Republicans had split.

Why, then, this terror of tariffs that grips the GOP? . . .

“Trade wars are not won, only lost,” warns Sen. Jeff Flake. But this is ahistorical nonsense.

The U.S. relied on tariffs to convert from an agricultural economy in 1800 to the mightiest manufacturing power on earth by 1900.

Bismarck’s Germany, born in 1871, followed the U.S. example, and swept past free trade Britain before World War I.

Does Senator Flake think Japan rose to post-war preeminence through free trade, as Tokyo kept U.S. products out, while dumping cars, radios, TVs and motorcycles here to kill the industries of the nation that was defending them. Both Nixon and Reagan had to devalue the dollar to counter the predatory trade policies of Japan.

Since Bush I, we have run $12 trillion in trade deficits, and, in the first decade in this century, we lost 55,000 factories and 6,000,000 manufacturing jobs.

Does Flake see no correlation between America’s decline, China’s rise, and the $4 trillion in trade surpluses Beijing has run up at the expense of his own country? (Patrick J. Buchanan: Why Is the GOP Terrified of Tariffs? | VDARE - premier news outlet for patriotic immigration reform)

The United States Steel Corporation (U.S. Steel) and the AFL-CIO, the biggest American federation of labor unions, as well as Senator Bernie Sanders, with whom I agree 90% on trade, have come out in strong support of President Trump's decision to impose high tariffs on steel and aluminum imports. U.S. Steel has also praised Trump's recent tariff hikes on washing machines and solar panels. Let's start with the ALF-CIO statement.

AFL-CIO:

For years, we have called attention to the predatory practices of some steel exporting countries. Such practices hurt working people and cheat companies that produce in the U.S. We applaud the administration's efforts today to fix this problem. Effective enforcement of trade laws, including section 232, is critical to leveling the playing field and ensuring that U.S. steel producers and their employees have a fair shot in the global economy. Secretary Ross, Ambassador Lighthizer and Director Navarro have rightly advocated for these actions despite opposition from the Wall Street wing of the administration. This is a great first step toward addressing trade cheating, and we will continue to work with the administration on rewriting trade rules to benefit working people. (Steel and Aluminum Tariffs Good for Working People | AFL-CIO)

U.S. Steel:

We are pleased to see the President's action on products critical to American manufacturing and energy production. We are hopeful the President will similarly use his authority to establish a broad Section 232 remedy targeting steel imports that threaten U.S. national security by undermining our industry, economic competitiveness and the industrial foundation on which our manufacturing sector rests [this is exactly what Trump is doing by raising steel tariffs]. We believe broad and decisive action against the multitude of foreign producers is fundamental to protecting our national security and American jobs.” (U.S. Steel Issues Statement on Presidential Tariffs on Imported Washing Machines, Solar Panels | United States Steel Corporation)

Globalists and free traders ignore the fact that a proven result of high tariffs is that they are designed, in part, to encourage foreign companies to manufacture their products in the U.S. The idea is NOT to keep foreign goods out of the country but to induce foreign companies to move production here. If a foreign company moves here, it hires American workers, pays American state and local taxes, and must compete with American companies on a level playing field.

Democratic politicians from the Rust Belt states have voiced support for President Trump's tariff hikes:

Rust-belt Democrats praise Trump's threatened metals tariffs

Democratic congresswoman supports Trump's tariffs: We can't afford to lose US steel production

Brown Welcomes Trump’s Plans to Finally Act on Steel Imports | U.S. Senator for Ohio


Further reading on tariffs, protectionism, and trade:

Free Trade vs. the Republican Party

https://enforcement.trade.gov/download/factsheets/factsheet-prc-alum-ext-adcvd-final-032911.pdf

https://enforcement.trade.gov/steel/license/documents/execsumm.pdf

U.S. Department of Commerce Finds Dumping and Subsidization of Imports of Silicon Metal from Australia, Brazil, Kazakhstan and Norway

Section 232 Reports

U. S. Steel Issues Statement on Department of Commerce Section 232 Report | United States Steel Corporation

Unions praise Trump on steel tariffs

The GOP, the party of protectionism and the UAW.
 
No, they won't. Did you even bother to read the OP or any of the links? If tariffs are so bad, why have so many countries done so well by protecting their economies with high tariffs? Heard of China? If tariffs and protectionism don't work, how has China grown into an economic powerhouse so quickly? If tariffs don't work, why did they work so well for America for decades?


Because China has ONE HUGE FACTOR working for that country.........Much lower wages than us.
 
No, they won't. Did you even bother to read the OP or any of the links? If tariffs are so bad, why have so many countries done so well by protecting their economies with high tariffs? Heard of China? If tariffs and protectionism don't work, how has China grown into an economic powerhouse so quickly? If tariffs don't work, why did they work so well for America for decades?


Because China has ONE HUGE FACTOR working for that country.........Much lower wages than us.
But surely our Apple phones won't be more expensive if we have tariffs on goods manftred over seas?
 
All those commie organizations are now pro republican, will the GOP be able to live down the fact that they can never use the rhetoric of communist organizations helping to decay the US society?
Will Democrats be able to live with the fact that some of their Union Masters are agreeing with Trump policies ?
 
Will Democrats be able to live with the fact that some of their Union Masters are agreeing with Trump policies ?


What the O/P neglects to acknowledge is that U.S. steel and aluminum workers will ALSO be subjected to much higher costs as consumers of anew home or car, or even when purchasing a six-pack of beer.
 
Will Democrats be able to live with the fact that some of their Union Masters are agreeing with Trump policies ?


What the O/P neglects to acknowledge is that U.S. steel and aluminum workers will ALSO be subjected to much higher costs as consumers of anew home or car, or even when purchasing a six-pack of beer.
Not BEER! LOL

Seriously, if you loved your 1980 chevy impala with the 250 ci V-6, this will be fantastic.
 
Well it will sure be nice if we can build a plant in Chicago to give the gang banging youth something productive to do...It's not as simple of a question as it seems...we have millions of out of work dependent or felonious people living in America...

Lets try and put them back to work by making our own steel and alloy and cars and clothes....it is worth the extra expense when you look at it that way...either way we pay...pay folks to sit home via your tax dollars and pay to incarcerate and bury them or pay a bit more for a car...take your pick....
The best thing to keep a youth out of trouble is certainly to keep them buisy and feeling productive. There is no better stratagy. I just hope we find good ways of accomplishing that. I wish I could say wether or not tarrifs would work, they have to have some use or they would not exist. It could be figure out with residual analisys but not by one person and not by my bank acount. I am going to stay silent on what the effect's will be because I do not know. From my research tarriffs are at best a temporary solution. That all being said some thing did have to be done. I am not a Trump fan, but I do not wish him failure as his failure would negatively effect me and all those I care about. I applaud him for trying some thing. I will not rake him over the coals if it back fires as long as he switches stratagy in that case. We have to allow our elected officials some trial and error, no one has all the answers. Why the hell do we expect our elected officials to get it right the first time every time. Life is complicated.
 
Will Democrats be able to live with the fact that some of their Union Masters are agreeing with Trump policies ?


What the O/P neglects to acknowledge is that U.S. steel and aluminum workers will ALSO be subjected to much higher costs as consumers of anew home or car, or even when purchasing a six-pack of beer.
Kinda like what happens when Corporate taxes are raised ?
 
Kinda like what happens when Corporate taxes are raised ?

Share with us the names of a dozen or so corporations who actually PAID those higher tax rates.....

Go on........we'll anxiously await your list.................LOL
 
Well it will sure be nice if we can build a plant in Chicago to give the gang banging youth something productive to do...It's not as simple of a question as it seems...we have millions of out of work dependent or felonious people living in America...

Lets try and put them back to work by making our own steel and alloy and cars and clothes....it is worth the extra expense when you look at it that way...either way we pay...pay folks to sit home via your tax dollars and pay to incarcerate and bury them or pay a bit more for a car...take your pick....
Every Prison Should Be Replaced by a Morgue

Don't associate subhuman criminals with people who want a job.
 
Kinda like what happens when Corporate taxes are raised ?

Share with us the names of a dozen or so corporations who actually PAID those higher tax rates.....

Go on........we'll anxiously await your list.................LOL
Regardless, a corporate tax rate is a thinly veiled federal sales tax that business don't pay no matter how low it is. Only an idiot or an Liberal would think otherwise.
 
mikegriffith1, we all know who you are, how your goofy theories on economics and history are just invalid.

I think you still follow skousen and jbs and the freemen's institute, so I am not too concerned with your nonsense.

Yes, tariffs will rise prices, cost jobs, and lead to a recession.

However, I think Trump is using the threat to cut some trade deals more favorable to the US with the promise that he won't impose tariffs.


IOW, you did not bother to read the OP or the links. Skousen, Freemen's, JBS? Huuuh?

I base my views on tariffs on years of study of economic history, including recent economic history (e.g., China, South Korea, the EU, etc.).

You keep ignoring the fact that we tried the same kind of trade policy that Trump is trying to implement, and it worked fantastically. We became an economic and industrial powerhouse by shielding our major industries and workers with high tariffs and trade restrictions. Republican presidents from Lincoln to Grant to Hayes to Harding to Howard Taft to Teddy Roosevelt backed protective tariffs, and America prospered because of them.

I ask again: Why is it okay for other nations to protect their jobs and industries with tariffs but not okay for America to do so?

"Trade war"?! We've been in a trade war for decades and have been getting clobbered. Look at our trade deficit for the past 30 years. The same nations that have used high tariffs to help their own economies are now whining because Trump wants the U.S. to do the same thing.
 
Well it will sure be nice if we can build a plant in Chicago to give the gang banging youth something productive to do...It's not as simple of a question as it seems...we have millions of out of work dependent or felonious people living in America...

Lets try and put them back to work by making our own steel and alloy and cars and clothes....it is worth the extra expense when you look at it that way...either way we pay...pay folks to sit home via your tax dollars and pay to incarcerate and bury them or pay a bit more for a car...take your pick....
The best thing to keep a youth out of trouble is certainly to keep them buisy and feeling productive. There is no better stratagy. I just hope we find good ways of accomplishing that. I wish I could say wether or not tarrifs would work, they have to have some use or they would not exist. It could be figure out with residual analisys but not by one person and not by my bank acount. I am going to stay silent on what the effect's will be because I do not know. From my research tarriffs are at best a temporary solution. That all being said some thing did have to be done. I am not a Trump fan, but I do not wish him failure as his failure would negatively effect me and all those I care about. I applaud him for trying some thing. I will not rake him over the coals if it back fires as long as he switches stratagy in that case. We have to allow our elected officials some trial and error, no one has all the answers. Why the hell do we expect our elected officials to get it right the first time every time. Life is complicated.
Jobs for parents...jobs for young adults...better schools through a more lucrative tax base because more folks are working and paying taxes...better paying jobs is the way to cure many inner city ills...
Jobs are very important to a nation that's why nations fight so hard to keep them...well most nations...we couldn't give them away fast enough over the last 25 years...It's time to put a stop to it...bring our jobs back home!
Tariffs may be a way to do that as well as fixing NAFTA....
 
Well it will sure be nice if we can build a plant in Chicago to give the gang banging youth something productive to do...It's not as simple of a question as it seems...we have millions of out of work dependent or felonious people living in America...

Lets try and put them back to work by making our own steel and alloy and cars and clothes....it is worth the extra expense when you look at it that way...either way we pay...pay folks to sit home via your tax dollars and pay to incarcerate and bury them or pay a bit more for a car...take your pick....
The best thing to keep a youth out of trouble is certainly to keep them buisy and feeling productive. There is no better stratagy. I just hope we find good ways of accomplishing that. I wish I could say wether or not tarrifs would work, they have to have some use or they would not exist. It could be figure out with residual analisys but not by one person and not by my bank acount. I am going to stay silent on what the effect's will be because I do not know. From my research tarriffs are at best a temporary solution. That all being said some thing did have to be done. I am not a Trump fan, but I do not wish him failure as his failure would negatively effect me and all those I care about. I applaud him for trying some thing. I will not rake him over the coals if it back fires as long as he switches stratagy in that case. We have to allow our elected officials some trial and error, no one has all the answers. Why the hell do we expect our elected officials to get it right the first time every time. Life is complicated.
Jobs for parents...jobs for young adults...better schools through a more lucrative tax base because more folks are working and paying taxes...better paying jobs is the way to cure many inner city ills...
Jobs are very important to a nation that's why nations fight so hard to keep them...well most nations...we couldn't give them away fast enough over the last 25 years...It's time to put a stop to it...bring our jobs back home!
Tariffs may be a way to do that as well as fixing NAFTA....
Lets hope , our future and the future of our kids depend finding solutions to these problems!
 

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