US steel trade war
Today I read in the daily rag that the US
has/will impose import tariffs on steel! Sweden exports some steel to the US, it is the second biggest partner in this sense after Germany. Apparently Bush Jr did something to this extent in the early 2000s, only then the Swedish companies (and probably many others as well) got exceptions because what was exported/imported wasn't "just steel" but specialized steel products. Heh! How it will end this time, only Jehovah knows. -- underground experts united http://user.it.uu.se/~embe8573 |
US steel trade war
On Thu, 08 Mar 2018 09:13:13 +0100, Emanuel Berg
wrote: Today I read in the daily rag that the US has/will impose import tariffs on steel! Sweden exports some steel to the US, it is the second biggest partner in this sense after Germany. Apparently Bush Jr did something to this extent in the early 2000s, only then the Swedish companies (and probably many others as well) got exceptions because what was exported/imported wasn't "just steel" but specialized steel products. Heh! How it will end this time, only Jehovah knows. The president has said that he will impose a 25% import duty on Steel and a 10% duty on Aluminum. He has not yet said whether there will be any "side deals" with any country. -- Cheers, John B. |
US steel trade war
On 3/8/2018 3:14 AM, John B. wrote:
On Thu, 08 Mar 2018 09:13:13 +0100, Emanuel Berg wrote: Today I read in the daily rag that the US has/will impose import tariffs on steel! Sweden exports some steel to the US, it is the second biggest partner in this sense after Germany. Apparently Bush Jr did something to this extent in the early 2000s, only then the Swedish companies (and probably many others as well) got exceptions because what was exported/imported wasn't "just steel" but specialized steel products. Heh! How it will end this time, only Jehovah knows. The president has said that he will impose a 25% import duty on Steel and a 10% duty on Aluminum. He has not yet said whether there will be any "side deals" with any country. For you gullible types who think anything DJT says is valid until the next day, the morning news now says he'll exempt Canada & Mexico. Tomorrow? Your guess is as good as mine. Or his. One bright aspect is that he does say a lot of crazy things, and in butchered English too, but so far he has done well. http://www.datamyne.com/multisite/wp...016.jpg?x14874 Imports all together are something just under 30% of US steel consumption, i.e., 70% domestic. -- Andrew Muzi www.yellowjersey.org/ Open every day since 1 April, 1971 |
US steel trade war
On 3/8/2018 12:13 AM, Emanuel Berg wrote:
Today I read in the daily rag that the US has/will impose import tariffs on steel! Sweden exports some steel to the US, it is the second biggest partner in this sense after Germany. Apparently Bush Jr did something to this extent in the early 2000s, only then the Swedish companies (and probably many others as well) got exceptions because what was exported/imported wasn't "just steel" but specialized steel products. Heh! How it will end this time, only Jehovah knows. Yes, I do know. After so much push-back, exemptions will be given to most countries, probably every country other than China. Our idiot-in-chief tried to frame the tariffs as punishing China, which is not even in the top ten exporters of steel to the U.S.. After being called out for this foolishness, the White House is retreating. The tariffs on China will drive up world steel and aluminum prices, since China was driving down prices worldwide. |
US steel trade war
On 08/03/2018 8:52 AM, AMuzi wrote:
On 3/8/2018 3:14 AM, John B. wrote: On Thu, 08 Mar 2018 09:13:13 +0100, Emanuel Berg wrote: Today I read in the daily rag that the US has/will impose import tariffs on steel! Sweden exports some steel to the US, it is the second biggest partner in this sense after Germany. Apparently Bush Jr did something to this extent in the early 2000s, only then the Swedish companies (and probably many others as well) got exceptions because what was exported/imported wasn't "just steel" but specialized steel products. Heh! How it will end this time, only Jehovah knows. The president has said that he will impose a 25% import duty on Steel and a 10% duty on Aluminum. He has not yet said whether there will be any "side deals" with any country. For you gullible types who think anything DJT says is valid until the next day, the morning news now says he'll exempt Canada & Mexico. Tomorrow? Your guess isĀ* as good as mine. Or his. One bright aspect is that he does say a lot of crazy things, and in butchered English too, but so far he has done well. http://www.datamyne.com/multisite/wp...016.jpg?x14874 Imports all together are something just under 30% of US steel consumption, i.e., 70% domestic. I don't follow you. Your chart is a comparison of Q1-3 of 2015 compared to Q1-3 of 2016. The election was 4th quarter 2016. Anyway, it seems to show that our import of steel from China dropped and the main import of steel in 2016 comes from Canada rather than China. Presumably DJT stopped buying Chinese steel when he decided to run for Pres? But seriously isn't DJT's point to block Chinese steel? Or am I missing something? |
US steel trade war
On 3/8/2018 4:14 AM, John B. wrote:
On Thu, 08 Mar 2018 09:13:13 +0100, Emanuel Berg wrote: Today I read in the daily rag that the US has/will impose import tariffs on steel! Sweden exports some steel to the US, it is the second biggest partner in this sense after Germany. Apparently Bush Jr did something to this extent in the early 2000s, only then the Swedish companies (and probably many others as well) got exceptions because what was exported/imported wasn't "just steel" but specialized steel products. Heh! How it will end this time, only Jehovah knows. The president has said that he will impose a 25% import duty on Steel and a 10% duty on Aluminum. He has not yet said whether there will be any "side deals" with any country. He doesn't know yet. It all depends on what they say on "Fox & Friends" in the next day or two. Or perhaps his ouija board. -- - Frank Krygowski |
US steel trade war
On 3/8/2018 9:11 AM, Duane wrote:
On 08/03/2018 8:52 AM, AMuzi wrote: On 3/8/2018 3:14 AM, John B. wrote: On Thu, 08 Mar 2018 09:13:13 +0100, Emanuel Berg wrote: Today I read in the daily rag that the US has/will impose import tariffs on steel! Sweden exports some steel to the US, it is the second biggest partner in this sense after Germany. Apparently Bush Jr did something to this extent in the early 2000s, only then the Swedish companies (and probably many others as well) got exceptions because what was exported/imported wasn't "just steel" but specialized steel products. Heh! How it will end this time, only Jehovah knows. The president has said that he will impose a 25% import duty on Steel and a 10% duty on Aluminum. He has not yet said whether there will be any "side deals" with any country. For you gullible types who think anything DJT says is valid until the next day, the morning news now says he'll exempt Canada & Mexico. Tomorrow? Your guess isĀ as good as mine. Or his. One bright aspect is that he does say a lot of crazy things, and in butchered English too, but so far he has done well. http://www.datamyne.com/multisite/wp...016.jpg?x14874 Imports all together are something just under 30% of US steel consumption, i.e., 70% domestic. I don't follow you. Your chart is a comparison of Q1-3 of 2015 compared to Q1-3 of 2016. The election was 4th quarter 2016. Anyway, it seems to show that our import of steel from China dropped and the main import of steel in 2016 comes from Canada rather than China. Presumably DJT stopped buying Chinese steel when he decided to run for Pres? But seriously isn't DJT's point to block Chinese steel? Or am I missing something? I just linked a typical steel import distribution[1]. I don't think his tariff intent matches his desired results very well. [1]I'm not an expert on steel import distribution and yes I'm sure it varies slightly over time. But the steel industry, worldwide, has had deep and profound troubles, barely improved if at all in any country despite frenetic political interference for my entire adult life and this won't change that. -- Andrew Muzi www.yellowjersey.org/ Open every day since 1 April, 1971 |
US steel trade war
On 08/03/18 09:13, Emanuel Berg wrote:
Today I read in the daily rag that the US has/will impose import tariffs on steel! Sweden exports some steel to the US, it is the second biggest partner in this sense after Germany. Apparently Bush Jr did something to this extent in the early 2000s, only then the Swedish companies (and probably many others as well) got exceptions because what was exported/imported wasn't "just steel" but specialized steel products. Heh! How it will end this time, only Jehovah knows. I thought it was a 25% import duty on Steel and a 10% duty on Aluminium but everybody was exempt. Heh! Can we have an Aluminum vs aluminium argument!? |
US steel trade war
On 3/8/2018 1:51 PM, Tosspot wrote:
On 08/03/18 09:13, Emanuel Berg wrote: Today I read in the daily rag that the US has/will impose import tariffs on steel! Sweden exports some steel to the US, it is the second biggest partner in this sense after Germany. Apparently Bush Jr did something to this extent in the early 2000s, only then the Swedish companies (and probably many others as well) got exceptions because what was exported/imported wasn't "just steel" but specialized steel products. Heh! How it will end this time, only Jehovah knows. I thought it was a 25% import duty on Steel and a 10% duty on Aluminium but everybody was exempt. Heh! Can we have an Aluminum vs aluminium argument!? We had that debate here 20 years ago. Aluminum is no good for a bike frame because it's too harsh and stiff. Aluminum won't work either because it's too soft and noodly. That went on just forever with, as always, much digression. -- Andrew Muzi www.yellowjersey.org/ Open every day since 1 April, 1971 |
US steel trade war
On 08/03/2018 3:31 PM, AMuzi wrote:
On 3/8/2018 1:51 PM, Tosspot wrote: On 08/03/18 09:13, Emanuel Berg wrote: Today I read in the daily rag that the US has/will impose import tariffs on steel! Sweden exports some steel to the US, it is the second biggest partner in this sense after Germany. Apparently Bush Jr did something to this extent in the early 2000s, only then the Swedish companies (and probably many others as well) got exceptions because what was exported/imported wasn't "just steel" but specialized steel products. Heh! How it will end this time, only Jehovah knows. I thought it was a 25% import duty on Steel and a 10% duty on Aluminium but everybody was exempt. Heh!Ā* Can we have an Aluminum vs aluminium argument!? We had that debate here 20 years ago. Aluminum is no good for a bike frame because it's too harsh and stiff. Aluminum won't work either because it's too soft and noodly. That went on just forever with, as always, much digression. Yes but what about aluminium? |
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