This report was originally published by Tyler Durden at Zero Hedge
While much of what Trump is announcing today has already been leaked, here are the details of the import tariffs Donald Trump formally adopted on steel and aluminium imports which allow US allies to negotiate and apply for exemptions, a sign of the growing concern that the president was alienating America’s closest international partners, and that 2 of the 4 largest foreign suppliers of steel will be exempt.
The tariffs will come into force within 15 days and are expected to draw retaliation from the EU and other steel producers and heighten fears of a descent into a trade war.
Here are the highlights from Reuters:
And the details, from Bloomberg:
Steel tariff to be set at 25%, aluminum at 10%
On exclusions:
On economic impact:
In short, tariffs but with notable exemptions, which begs the question: why did Gary Cohn quit again?
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CHARGE CALIFORNIA A TARRIFF OF 1 MILLION DOLLARS FOR EVERY AHOLE THAT MOVES TO ANOTHER STATE! Those piles of sheet have fooked up many states and we need to make them pay or SEND THEM BACK! True conservatives excluded. Colorado, Idaho, Nevada, Oregon, Arizona, Montana, Wyoming, Washington, need to round these assplants up and deport them! Conservative constitutionalists can stay. That should be about 5 million or so rejects deported! GIT ER DONE!
Charge California for all the water they bring in cross border. Liberal mismanagement has depleted their Aquifer. Like South Africa they are bankrupt, morally and water wise. On the simplest levels, they are such maroons.
Yes water too! Just cut them off period! I forgot to add Utah needs to get rid of those fags too. These waste of air and resource commies have driven up local housing/land prices beyond what the locals can afford and gotten into politics and screwed everyone! You can’t hardly go out in the woods anymore for the cabins etc. built by commie californicators! Land is off limits to fun because these a-holes lobby to protect shit. GOD DAMM PRAIRY DOGS ARE ENDANGERED? They are destroying farms, ranches, etc.! I know it is my duty to protect peoples property but if it’s a califag, I might get sick all of a sudden.
Genius: I agree with you! These mentally defective liberals, queers and he-she’s just all need to HANG!! They are completely ruining what is left of the United States period.
This Gov’t is out of control and has failed us completely. All the vile gov’t wants to do is run your damn life for you, take about 50% of your damn paycheck – if you even have a job or bother to work and on and on. My God, can you do anything that is not banned or illegal or taxed or has a host of fees associated?? Think about it people. . .
Devin Nunes is from California. FYI
Europe, like many other regions have taken financial advantage of the USA for decades. To any country seeking penalties to the USA for tariffs – don’t even think about it. The consequences will be much worse for those that try to punish us.
Charge California one million dollars for every illegal we deport. Plus transportation fees to the country of origin
Let California succeed from the USA & call it good. They can then be a sanctuary state to all the shit hole countries refugees they want. I will buy plenty of beer & chips so I am ready to watch the whole thing collapse & hopefully fall into the Pacific ! Man… would that solve a lot of problems ..LOL !
We need to be 100% self-supporting when it comes to all critically important metals and any other material need to remain a free nation. This tariff does not go far enough in my opinion. In addition to it, we need to rule illegal the sale of any land/property or manufacturing facility to a foreign citizen. They’ve used the money they’ve manipulated into their hands from us to purchase pieces of this country. That too needs to be not only stopped; but, completely turned around. We don’t need to be allowing their children to be educated here either. I want these bastards out of the US. Completely. If you’re not an American and are here – you’re just a tourist. Spend your money on some Disney ticket and then go home.
Sry Trumptards… He’s a day late and a steel beam short… And what the fuck does Cali have to do with trade tariffs??? Man… you people need to quit huffin cheap spray paint and stay the fuk on point.
It’s hard to stay on point when there are Ten Articles a day and Mac puts you in moderation for 10 hours. No wonder there are only six guys that make all of the comments. Trekker Out
How else do you keep the choir singing only to itself?
Orion: Do the world a favor and perform oral on a 300 WinMag or a double barrel, sawed off’
Yes, this link is from the steel industry but does provide some insight into what it is facing globally. See p. 4-5.
https://www.steel.org/~/media/Files/AISI/Reports/2016-AISI-Profile.pdf
This link is to a WTO map that illustrates tariffs globally (among other things). You can easily see that our trade policies have been pretty easy compared to almost anywhere else in the world.
https://www.wto.org/english/res_e/statis_e/statis_maps_e.htm
Do I think tariffs will help? No idea. I’m not a macro economist nor do I play one on TV. I only control my home economy and practice no debt, careful purchasing, etc.
I want every employer, every governmental employee that had contact with illegals, and every elected official, even mayors and shithole councilmen, to be convicted of treason against the United States for not demanding the immigration laws that are on the books to be fully enforced. [rhetorical] What is the penalty for treason against the USA during wartime [been at war now for decades]
They will just come into practice, negotiably.
Si Amigo.
The people in government need to go. How long have some of them been in there and done nothing but cheat taxpayers. I am tired of paying taxes to support them. They are criminals .
Im all for the Tarriffs. Anything that benefits a USA based Producing Maker no matter who they are is a step in the right direction.
Actually…a tariff is nothing more than a tax on the American people. If we impose a 25% tariff (tax) on steel imports, then we will pay 25% more for that imported steel. Who pays that.? Retaliation means they impose an even larger tariff (tax) on our exports. And thus a trade war ensues. And the real pain will be felt by all.!!!!