Originally posted by JimRaynor
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The negatives of tariffs often outweighed the pros which is partly why I am hesitant about this. Since I don't think Trump thought about this carefully I am also against it. To be fair if it forces US companies to buy steel and aluminum from the US and helps the trade deficiency then kudos.
yes, If another President did this, one whose intelligence and acumen I respected more, I'd probably feel differently.
From everything I read this is going to increase costs for US businesses that rely on steel and aluminum, especially those products made with sheet aluminum that isn't available in the US. Car prices are expected to rise which will hurt sales. Market reacted strongly against this move.
Guess we will see.
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