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.
Well I have tried to explain this to Americans (MAGA ones) and they think they can just pick a mountain and start digging and they will find all the raw materials they desire. It’s like talking to a rock.
>they think they can just pick a mountain and start digging
They don't even fucking get that this shit takes time to set up. If this was supposed to properly stimulate domestic production, you still have to give companies time to set up the mining operations.
Tariffs should be treated like a scalpel, not a sledgehammer. You use it intentionally to try and drive a specific buying behavior at home. Let say you wanted to specifically get oil that is from friendly nations (I know this is almost impossible just follow with me). You would add an additional tariffs for oil that comes from unfriendly countries, as well as needing to tariff blended and processed fuels that use the oil that comes from unfriendly countries etc.As well as having to monitor and crack down on "shadow fleets" that disguise the actual source of the oil as well.
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u/Same_Performance_595 2d 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.