Trade War: U.S. Commerce Secretarial Assistant Recommends Steep Restrictions On Steel Too Aluminum
Saturday, April 2, 2016
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Title : Trade War: U.S. Commerce Secretarial Assistant Recommends Steep Restrictions On Steel Too Aluminum
link : Trade War: U.S. Commerce Secretarial Assistant Recommends Steep Restrictions On Steel Too Aluminum
Here's the latest from Neanderthal Trumpland.
U.S. Commerce Secretary Wilbur Ross unveiled options on today for President Donald Trump to impose hefty steel as well as aluminum import restrictions ranging from global tariffs on all products from all countries to quotas based on previous exports to the United States.
Commerce proposed a global steel tariff of at to the lowest degree 24 share on all imports from all countries as well as a global aluminum tariff of 7.7 share on all imports from all countries. The way too offered alternatives of tariffs on specific countries for both aluminum as well as steel as well as 3rd options of quotas based on 63 share of each country’s 2017 steel exports as well as based on 87 share of their aluminum exports to the United States.
This is exactly idiotic. It ignores the concept of comparative advantage as well as if implemented volition raise prices for U.S. consumers.
Also see: Why Donald Trump Never Washed the Windows at Trump Tower.
-RW
(via Reuters)
You are now reading the article Trade War: U.S. Commerce Secretarial Assistant Recommends Steep Restrictions On Steel Too Aluminum with the link address https://inspirationsbymeforyou.blogspot.com/2016/04/trade-war-us-commerce-secretarial.html
Title : Trade War: U.S. Commerce Secretarial Assistant Recommends Steep Restrictions On Steel Too Aluminum
link : Trade War: U.S. Commerce Secretarial Assistant Recommends Steep Restrictions On Steel Too Aluminum
Trade War: U.S. Commerce Secretarial Assistant Recommends Steep Restrictions On Steel Too Aluminum
Here's the latest from Neanderthal Trumpland.
U.S. Commerce Secretary Wilbur Ross unveiled options on today for President Donald Trump to impose hefty steel as well as aluminum import restrictions ranging from global tariffs on all products from all countries to quotas based on previous exports to the United States.
Commerce proposed a global steel tariff of at to the lowest degree 24 share on all imports from all countries as well as a global aluminum tariff of 7.7 share on all imports from all countries. The way too offered alternatives of tariffs on specific countries for both aluminum as well as steel as well as 3rd options of quotas based on 63 share of each country’s 2017 steel exports as well as based on 87 share of their aluminum exports to the United States.
This is exactly idiotic. It ignores the concept of comparative advantage as well as if implemented volition raise prices for U.S. consumers.
Also see: Why Donald Trump Never Washed the Windows at Trump Tower.
-RW
(via Reuters)
Thus the article Trade War: U.S. Commerce Secretarial Assistant Recommends Steep Restrictions On Steel Too Aluminum
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You are now reading the article Trade War: U.S. Commerce Secretarial Assistant Recommends Steep Restrictions On Steel Too Aluminum with the link address https://inspirationsbymeforyou.blogspot.com/2016/04/trade-war-us-commerce-secretarial.html