Spyke
A_norny_mousse
feddit.org

"Nobody's going to get around that," he said of the 50% rate. "That means that nobody's going to be able to steal your industry. It's at 25% - they can get over that fence. At 50%, they can no longer get over the fence."

This is so dumb. Imagine working in that industry and just looking on in exalted horror as your livelihood wanes while this idiot claims it's for your best.

41
Emergency3030reply
lemmy.world

Yet, they still vote for him and continue their support hahaha. No matter how much Trump fuck them they still continue supporting him.

17
Dagnet
lemmy.world

Crazy how all developing countries want to move away from exporting materials to selling industrialised products but the US wants to go back to focusing on them. Regression in every possible way

19
Gsus4
mander.xyz

Well, Canada can export their ultracheap green Aluminum to the EU, they need it for aeronautics anyway...

19
Match!!
pawb.social

courts already overturned Trump's tariffs, you could make a killing by importing and not paying the customs

9
Tolookahreply
discuss.tchncs.de

The problem is that shipping by ship takes many days (weeks?) and the tariff landscape changes almost hourly, so you might ship expecting things to be zero because of court orders, but in a week, the court with sour cream, the taco supreme Court might decide that tariffs are okay, but they need to be bigger.

18
ooternessreply
lemmy.world

It's basically gambling. Trump has lots of experience driving his casinos into bankruptcy.

3
ExtantHuman
lemm.ee

Thus killing any attempts to actually bring manufacturing to the US.

Artificially Increasing the price of raw materials does not get people to build things here. This will drive more manufacturing away

7

You reached the end

Donald Trump doubles US steel and aluminium tariffs to 50% | Spyke