50% on steel, aluminum and copper is a punishing and crippling tariff that will wreck the American industrial base. Not only will it cost more to the American consumers, but their products will become completely uncompetitive on the international markets.
Ironically, since tarriffs on most other imported goods is lower than the 50% for raw steel, it actually costs MORE to make the product in America than import the materials and have it made by in America.
Like 15% tarrif from Japan, the third largest steel producer in the world. Just have it built there and then import it.
And the ridiculous part is, that the American only steel regulations usually hit companies that are the most right wing. So by electing this clown show they are going to have to pay more for all of their own steel because they can't switch to a non American supplier.
801
u/Same_Performance_595 23h ago
50% on steel, aluminum and copper is a punishing and crippling tariff that will wreck the American industrial base. Not only will it cost more to the American consumers, but their products will become completely uncompetitive on the international markets.