Author Topic: Trade war backfire: Steel tariff shrapnel hits U.S. farmers  (Read 560 times)

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Offline AbaraXas

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Trade war backfire: Steel tariff shrapnel hits U.S. farmers
« on: April 13, 2018, 02:19:50 PM »
Quote
Lucas Strom, who runs a century-old family farm in rural Illinois, canceled an order to buy a new $71,000 grain storage bin last month - after the seller raised the price 5 percent in a day. The reason: steel prices jumped right after U.S. President Donald Trump announced tariffs.
Throughout U.S. farm country, where Trump has enjoyed strong support, tariffs on steel and aluminum imports are boosting costs for equipment and infrastructure and causing some farmers and agricultural firms to scrap purchases and expansion plans, according to Reuters’ interviews with farmers, manufacturers, construction firms and food shippers. ....

https://www.reuters.com/article/us-usa-trade-steel-agriculture/trade-war-backfire-steel-tariff-shrapnel-hits-u-s-farmers-idUSKBN1HK0GV




Offline DB

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Re: Trade war backfire: Steel tariff shrapnel hits U.S. farmers
« Reply #1 on: April 13, 2018, 02:23:03 PM »
We were assured that this little bump in the cost of things was nothing... All these little nothings that make us poorer by the day...

Offline AbaraXas

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Re: Trade war backfire: Steel tariff shrapnel hits U.S. farmers
« Reply #2 on: April 13, 2018, 02:23:54 PM »
We were assured that this little bump in the cost of things was nothing... All these little nothings that make us poorer by the day...

I can't think of a time in recent history that government interventionism didn't hurt in the long run.

Online Applewood

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Re: Trade war backfire: Steel tariff shrapnel hits U.S. farmers
« Reply #3 on: April 14, 2018, 01:45:48 PM »
But...But...But..these tariffs are going to bring back JOBS!

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Online IsailedawayfromFR

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Re: Trade war backfire: Steel tariff shrapnel hits U.S. farmers
« Reply #4 on: April 14, 2018, 05:43:10 PM »
Why just farmers mentioned in this? Any industry that uses steel is similarly impacted, whether cars, pipelines or windturbines.
Yearning to stay free takes place in many ways at many different times, whether by withstanding planes or bayonets

Online Frank Cannon

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Re: Trade war backfire: Steel tariff shrapnel hits U.S. farmers
« Reply #5 on: April 14, 2018, 05:51:04 PM »
We were assured that this little bump in the cost of things was nothing... All these little nothings that make us poorer by the day...

I love you guys who suckle on the policies of Clintoon/Bush/Obama that put us in this terrible position with these Communist enemies. Let's just keep going with the same old same oldwithout doing anything so that this trade problem gets really effed up, right?

BTW this whiny farmer can stuff it up his fat lazy subsidized ass. Steel prices were through the roof in December before any of this tariff chatter got started. Right now, even with the 5% bump, it is as cheap as hit has been in a while.....

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Offline Smokin Joe

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Re: Trade war backfire: Steel tariff shrapnel hits U.S. farmers
« Reply #6 on: April 15, 2018, 06:18:41 AM »
Hey, if I order something at one price, and after doing so, someone jacks the pride, I'm done doing business with them, too. A deal is a deal.
How God must weep at humans' folly! Stand fast! God knows what he is doing!
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