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Assuming that it is cheaper, otherwise why are we importing more Canadian steel than from any other country? Are their labor costs lower, or do they subsidize their steel like China does? Same question for Mexico and the EU, we don't get much of our steel from China, so what's going on here? Provide links please.
That'll change once the tariffs kick inTrump sees a rise in the domestic demand for steel
/----/ I read that the major problem with Bethlehem Steel was that it produced high quality steel and no longer needed. I've saw it when we went to the Sands next door. A shame. A giant ghost town.American steel is high in sulfur which makes it a lower grade and unusable for structures or bridges.
Assuming that it is cheaper, otherwise why are we importing more Canadian steel than from any other country? Are their labor costs lower, or do they subsidize their steel like China does? Same question for Mexico and the EU, we don't get much of our steel from China, so what's going on here? Provide links please.
Assuming that it is cheaper, otherwise why are we importing more Canadian steel than from any other country? Are their labor costs lower, or do they subsidize their steel like China does? Same question for Mexico and the EU, we don't get much of our steel from China, so what's going on here? Provide links please.
It's cheaper because of covert subsidies and de-facto ownership, grants to "private" businesses. Worse, and Americans should take heed; Canada allows Chinese steel into the country and exports it to America via NAFTA so everyone avoid penalties. How do you think we kept GM in Ontario when they were looking to go back to Ohio and Michigan? $400M from the feds and province. This isn't crony capitalism, this is neo-communism.
China also does this with other nations. They open up factories in Vietnam for instance, send Chinese workers there and go to town on production, ship it over to America and it is deemed "Made in Vietnam" to avoid quotas. Canada is also allowing Chinese companies to buy Canadian businesses and because the buyers demand it, they are allowing them to send in their own temporary Chinese workers. This is the wholesale destruction of the Canadian worker in many cases. Even McDonalds does this, literally shipping Filipino workers in some places, giving them hotel rooms and giving them lower wages.
This is how we hammer you good. Canada absolutely takes a stick to you and you allow it. In fact, certain agencies in the U.S who are supposed to protect you, don't even care to do so as they have a false trust in Canadian agencies, you let the RCMP, OPP and their pals do as they please, as you believe somehow we are your ally.
Wake up America!
Assuming that it is cheaper, otherwise why are we importing more Canadian steel than from any other country? Are their labor costs lower, or do they subsidize their steel like China does? Same question for Mexico and the EU, we don't get much of our steel from China, so what's going on here? Provide links please.
It's cheaper because of covert subsidies and de-facto ownership, grants to "private" businesses. Worse, and Americans should take heed; Canada allows Chinese steel into the country and exports it to America via NAFTA so everyone avoid penalties. How do you think we kept GM in Ontario when they were looking to go back to Ohio and Michigan? $400M from the feds and province. This isn't crony capitalism, this is neo-communism.
China also does this with other nations. They open up factories in Vietnam for instance, send Chinese workers there and go to town on production, ship it over to America and it is deemed "Made in Vietnam" to avoid quotas. Canada is also allowing Chinese companies to buy Canadian businesses and because the buyers demand it, they are allowing them to send in their own temporary Chinese workers. This is the wholesale destruction of the Canadian worker in many cases. Even McDonalds does this, literally shipping Filipino workers in some places, giving them hotel rooms and giving them lower wages.
This is how we hammer you good. Canada absolutely takes a stick to you and you allow it. In fact, certain agencies in the U.S who are supposed to protect you, don't even care to do so as they have a false trust in Canadian agencies, you let the RCMP, OPP and their pals do as they please, as you believe somehow we are your ally.
Wake up America!
Wow! Somebody tell me if I got this wrong, but China doesn't export much steel to us cuz we slapped tariffs on their steel, right? But Canada apparently doesn't have the same tariffs on Chinese steel cuz they're getting buku steel from them, true? So, the Canadians are either selling that cheaper Chinese to us or in some cases using it themselves which allows them to sell their own steel to us at a reduced price? Does Canada subsidize their steel producers more than we do in this country? What a focking mess.
Same question for Mexico, the EU, South Korea and the rest of them, do they have tariffs on Chinese steel? I'm guessing no, or if they do it's really minor. Which allows the Chinese to dump their steel elsewhere and we end up up allowing them to continue to dumping, just indirectly through a middle man. How come I don't read about any of this anywhere, and don't think I haven't been looking.
I do know that there is currently a world-wide steel glut that depresses steel prices. And I know that the Chinese have promised before to cut their production, which to date they haven't done. And neither has the other big steel producing countries either. So, I'm having 2nd and 3rd thoughts about Trump's steel tariffs; I'm generally a free/fair trade guy, but I don't like being taken for a ride (lied to).
China was not made a formal member of the WTO until Dec of 2001. That would have been Bush. I'm sure that is what you meant.Assuming that it is cheaper, otherwise why are we importing more Canadian steel than from any other country? Are their labor costs lower, or do they subsidize their steel like China does? Same question for Mexico and the EU, we don't get much of our steel from China, so what's going on here? Provide links please.
It's cheaper because of covert subsidies and de-facto ownership, grants to "private" businesses. Worse, and Americans should take heed; Canada allows Chinese steel into the country and exports it to America via NAFTA so everyone avoid penalties. How do you think we kept GM in Ontario when they were looking to go back to Ohio and Michigan? $400M from the feds and province. This isn't crony capitalism, this is neo-communism.
China also does this with other nations. They open up factories in Vietnam for instance, send Chinese workers there and go to town on production, ship it over to America and it is deemed "Made in Vietnam" to avoid quotas. Canada is also allowing Chinese companies to buy Canadian businesses and because the buyers demand it, they are allowing them to send in their own temporary Chinese workers. This is the wholesale destruction of the Canadian worker in many cases. Even McDonalds does this, literally shipping Filipino workers in some places, giving them hotel rooms and giving them lower wages.
This is how we hammer you good. Canada absolutely takes a stick to you and you allow it. In fact, certain agencies in the U.S who are supposed to protect you, don't even care to do so as they have a false trust in Canadian agencies, you let the RCMP, OPP and their pals do as they please, as you believe somehow we are your ally.
Wake up America!
Wow! Somebody tell me if I got this wrong, but China doesn't export much steel to us cuz we slapped tariffs on their steel, right? But Canada apparently doesn't have the same tariffs on Chinese steel cuz they're getting buku steel from them, true? So, the Canadians are either selling that cheaper Chinese to us or in some cases using it themselves which allows them to sell their own steel to us at a reduced price? Does Canada subsidize their steel producers more than we do in this country? What a focking mess.
Same question for Mexico, the EU, South Korea and the rest of them, do they have tariffs on Chinese steel? I'm guessing no, or if they do it's really minor. Which allows the Chinese to dump their steel elsewhere and we end up up allowing them to continue to dumping, just indirectly through a middle man. How come I don't read about any of this anywhere, and don't think I haven't been looking.
I do know that there is currently a world-wide steel glut that depresses steel prices. And I know that the Chinese have promised before to cut their production, which to date they haven't done. And neither has the other big steel producing countries either. So, I'm having 2nd and 3rd thoughts about Trump's steel tariffs; I'm generally a free/fair trade guy, but I don't like being taken for a ride (lied to).
China dumps their shyte everywhere, including into Canada, it's a one sided game for them a war of attrition and they have 1 billion people under the thumb of the Commies. The difference is, we can always find a market in the U.S for it.
Where there is suppression of citizens rights and state controls, there will be anti-Americanism, anti-freedomm and abuses to capitalist systems. The entry of the WTO came from Bill Clinton, and he doesn't know a damn thing about business. Without the internet boom, he would have been far less endeared (and I liked what he did with the economy, oddly enough).
Now, in fairness, I didn't think China would remain communist, but that isn't for an average citizen to know and I was alot younger, poorly informed. That is why you have the CIA, NSA and others. They should be the ones sitting down and telling Clinton, "look these fookers aren't going to change, they are dictators, they control the whole country and will do so for some time. Letting them into the WTO is counter productive to our interests". The entry of them into the WTO the single worst decision to impact U.S National Security in any time in history.
Seems, cheap labor was all that mattered. There was a time everyone spoke out against Human Right abuses, but they rarely do now. Everyone wanted cheap labor, trash goods and fresh IPO's. Even in Canada, most Canadians are docile, so why would they care about some chump being tossed into a jail cell in China?
We have lost out way, and allowed the worst in society become successful. It's time to fight for American workers, liberty and principles. To hell with China and any nation who sides with them in an effort to harm America directly or indirectly. Tariffs are needed to protect the U.S economy until the other fake free trade nations actually become free trade, and for that matter, free.
Assuming that it is cheaper, otherwise why are we importing more Canadian steel than from any other country? Are their labor costs lower, or do they subsidize their steel like China does? Same question for Mexico and the EU, we don't get much of our steel from China, so what's going on here? Provide links please.
It's cheaper because of covert subsidies and de-facto ownership, grants to "private" businesses. Worse, and Americans should take heed; Canada allows Chinese steel into the country and exports it to America via NAFTA so everyone avoid penalties. How do you think we kept GM in Ontario when they were looking to go back to Ohio and Michigan? $400M from the feds and province. This isn't crony capitalism, this is neo-communism.
China also does this with other nations. They open up factories in Vietnam for instance, send Chinese workers there and go to town on production, ship it over to America and it is deemed "Made in Vietnam" to avoid quotas. Canada is also allowing Chinese companies to buy Canadian businesses and because the buyers demand it, they are allowing them to send in their own temporary Chinese workers. This is the wholesale destruction of the Canadian worker in many cases. Even McDonalds does this, literally shipping Filipino workers in some places, giving them hotel rooms and giving them lower wages.
This is how we hammer you good. Canada absolutely takes a stick to you and you allow it. In fact, certain agencies in the U.S who are supposed to protect you, don't even care to do so as they have a false trust in Canadian agencies, you let the RCMP, OPP and their pals do as they please, as you believe somehow we are your ally.
Wake up America!
Assuming that it is cheaper, otherwise why are we importing more Canadian steel than from any other country? Are their labor costs lower, or do they subsidize their steel like China does? Same question for Mexico and the EU, we don't get much of our steel from China, so what's going on here? Provide links please.
It's cheaper because of covert subsidies and de-facto ownership, grants to "private" businesses. Worse, and Americans should take heed; Canada allows Chinese steel into the country and exports it to America via NAFTA so everyone avoid penalties. How do you think we kept GM in Ontario when they were looking to go back to Ohio and Michigan? $400M from the feds and province. This isn't crony capitalism, this is neo-communism.
China also does this with other nations. They open up factories in Vietnam for instance, send Chinese workers there and go to town on production, ship it over to America and it is deemed "Made in Vietnam" to avoid quotas. Canada is also allowing Chinese companies to buy Canadian businesses and because the buyers demand it, they are allowing them to send in their own temporary Chinese workers. This is the wholesale destruction of the Canadian worker in many cases. Even McDonalds does this, literally shipping Filipino workers in some places, giving them hotel rooms and giving them lower wages.
This is how we hammer you good. Canada absolutely takes a stick to you and you allow it. In fact, certain agencies in the U.S who are supposed to protect you, don't even care to do so as they have a false trust in Canadian agencies, you let the RCMP, OPP and their pals do as they please, as you believe somehow we are your ally.
Wake up America!
Same question for you as for Tax Man, upon what do you base your statements? I don't doubt what you're saying but I can't find anything to corroborate it. I do know that Canada does import a lot of Chinese steel so they're getting the benefit of those reduced costs, so what this begins to look like is Trump punishing steel exporters to the US for accepting dumped Chinese steel, which basically allows the Chinese to keep doing what they're doing.
OP-er, your questions suffer from a number of weakness -- vagueness, naivete, ambiguity, incoherence, and overbroad scope -- that together make them all but impossible to, in this venue, provide a comprehensive (thus fully accurate) answer(s) to them. For example:Why is Canadian steel cheaper?...Assuming that it is cheaper, otherwise why are we importing more Canadian steel than from any other country? Are their labor costs lower, or do they subsidize their steel like China does? Same question for Mexico and the EU, we don't get much of our steel from China, so what's going on here? Provide links please.
No.[Does Canada] subsidize [its producers'] steel prices or operations?
From reading the remarks above, it should be apparent that:why are we importing more Canadian steel than from any other country
I'll share with you what I shared with another member. I haven't bothered to fully tailor my remarks to your question, and you should be aware that the question the other person asked differs from the one you have, but the information I shared is pertinent to your understanding how the commodities market works. What I've presented is not meant to be a literal explanation of the transacting, but rather a figurative one so that you understand what's going on. Think of it as a process overview rather than as a explicit process flow. [1]Somebody tell me if I got this wrong, but China doesn't export much steel to us cuz we slapped tariffs on their steel, right?
