- Mar 9, 2011
- 70,193
- 83,971
- 3,635
His reasoning is that it will fix the supply chain. Of course, even a ten year child would understand that this is only going to destroy domestic steel and aluminum companies. We can't get materials unloaded from the freighter as it is now, and shipping prices are ridiculously high. And if you think about it, China will be the main beneficiary from the removal of the tariffs. That's because Europe buys most of their steel from China. They will now mark the price up, and sell it to us, putting American steel workers out of their jobs.
Way to go Joe. Buy American, eh?
"The Biden administration announced on Saturday that it had reached a deal to roll back tariffs on European steel and aluminum, an agreement that officials said would lower costs on goods like cars and washing machines, reduce carbon emissions, and help get supply chains moving again..."
U.S. Agrees to Roll Back European Steel and Aluminum Tariffs
Way to go Joe. Buy American, eh?
"The Biden administration announced on Saturday that it had reached a deal to roll back tariffs on European steel and aluminum, an agreement that officials said would lower costs on goods like cars and washing machines, reduce carbon emissions, and help get supply chains moving again..."
U.S. Agrees to Roll Back European Steel and Aluminum Tariffs