Title : The Politcal Page, T+40 -- March 2, 2018
link : The Politcal Page, T+40 -- March 2, 2018
The Politcal Page, T+40 -- March 2, 2018
Right, wrong, or indifferent. And not ready for prime time. Regarding the steel and aluminum imports.- does anybody know what the tariffs will be? in dollars/ton? in dollars per Whirlpool washing machine that one buys once or maybe twice in their entire lifetimes?
- does anybody know what kinds of steel will be affected?
- does anybody know what tariffs China, Denmark, Japan, Great Britain, the EU, Norway impose on US goods?
- so, is President Trump a friend of Wall Street or is he laser-focused on American jobs?
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- politically: the unions are "beaming" -- that was the word used by one of the mainstream media (print) outlets yesterday
- 2018, 2020: if Trump is defeated, the unions know those tariffs will be the first thing to go under a new administration
- if this is so bad, will Congress overturn Trump's action with a veto-proof law?
- does anyone really know to the degree that "plastic" can replace steel/aluminum? the petrochemical companies are probably running the numbers now -- it may cost more to build the petrochemical plant (they use a lot of steel) but the amount of petrochemical production may increase as folks move to "plastic"
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