General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsSince Krasnov put 25% tariffs on steel imports,
U.S. Steel has raised prices by 16%. It's not just imports that are more expensive. This is how it works.

Fiendish Thingy
(19,416 posts)Solid PROOF Trump is no TACO at least until Monday.
Tarzanrock
(934 posts)the E.U. countries, South Korea and Japan all competitively produce steel at lower production costs than we do here in the U.S. It is pretty idiotic to think that by slapping high tariffs on imported steel (thus prohibitively jacking up the price of steel) that this is somehow going to benefit the American people and American industry. It's not as though old, rusted out steel mills with ancient and antiquated 1960's technology and fabrication processes are going to be able to complete in the years 2026, 2027, 2028, etc. against the robotics employed in the modern 21st Century steel mills operating in the aforesaid foreign nations.
speak easy
(11,560 posts)Not because their workers get lower wages, but because our Bros did not invest in newer plant and equipment.