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Re: Protectionism FACTS with article and link below

By: zzstar in BAF | Recommend this post (0)
Tue, 06 Mar 18 8:52 AM | 55 view(s)
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Msg. 01275 of 06527
(This msg. is a reply to 01270 by micro)

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Micro,

CHINA IS NOT IN THE TOP TEN EXPORTERS OF STEEL TO THE US, CURRENTLY.

Obama attacked China directly. He SOLVED THAT PROBLEM.

Trump is attacking every exporter of steel to the US.

We will agree to disagree. Not dis ou t g yiur cperien e, but also explaining the impa ts that are not just on steel and aluminum. How much prices will go up, we’ll find out.

How much impact on the US economy a trade war because of this silly act will have, we’ll find out. The jobs that could be impacted are 80x those steel jobs Trump is trying to improve on.

And there isn’t much else to discuss.


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The above is a reply to the following message:
Re: Protectionism FACTS with article and link below
By: micro
in BAF
Tue, 06 Mar 18 8:18 AM
Msg. 01270 of 06527

ZZ

The data is NOT out of date. It is within one year data of facts that really are reported. I had to fill out reports for the Federal trade commission about how much steel I consumed and used in a year. They take that raw data and make charts and statistics from it and it usually is a year behind the current ear when it gets made available.

SO, no sir, it is not old or stale.

My point is that there is much ado about NOTHING going to happen or come from a "possible" tarrif from the Trump administration which is HIS RIGHT to do, just as it was OBAMA's.

Only when Obama did it nobody was yelling and carrying on like they are today..

People do have memories and SOME of them actually pay attention...
My other articles are looking at Cheap imported steel, subsidized, as a percentage of total steel consumed by U.S. companies, which demonstrates how pitifully small the number truly is as a percentage which means HOW LITTLE to NO impact it will have on American JOBS, or SALES of products.....

ANYONE with half a brain of business sense would know this..

I had some 25% price increases in a single year of commodities we used and guess what? We sold as much as the year before and we raised our sales price a lttle to offset the increase... Now our margins stayed the same...

Happens every single day in business.....

This is nothing but the left doing the Saber Rattle dance again.

Why was it okay for Obama to do this and nobody said anything, but when Trump simply talks about it, has not done anything, it seem like it is portrayed as the end of the world?

ALso, you seem awfully quick to want to discount someone's business experiences of 4 decades successfully running a manufacturing company which was international in scope. One does not stay in business that long and then sell their business to another corporation because they were not good businesspeople or did not know what they were doing...

Just some food for thought...


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