Trump’s steel tariffs causing unintended consequences for manufacturers

[eurusdzn]

Which is better...a weak or stong dollar....are you sure.....is it that simple

Regarding steel , I am watching AKS and X. Market is not discounting the very latest headlines or pundits yet. Or are they?

 

[themickey]

Yeah Trump puts tarrifs on Chinese steel, in the meanwhile Australia dumps iron ore into China like there is no tomorrow. BHP, RIO, FMG etc cant export it fast enough or cheap enough, glutting the market.
Then there is Vale in South America doing likewise, flooding the market.

 

[NeoTrader]

Who do you think we got for president?

It should've been Rand Paul, IMHO.

But given that americans narrowed it down to "shitty and shittier", he was still a better choice than the catastrophe she would've been...

But he being elected is still no reason to celebrate.

 

[zdreg]

It should've been Rand Paul, IMHO.

But given that americans narrowed it down to "shitty and shittier", he was still a better choice than the catastrophe she would've been...

But he being elected is still no reason to celebrate.

the Market has a different opinion.

 

[NeoTrader]

the Market has a different opinion.

I didn't ask the market's opinion about the subject.

 

[qxr1011]

American steel prices have skyrocketed since President Donald Trump imposed steel tariffs in early March, an unintended consequence for some U.S. companies, which are now paying almost double what they once did for the metal.

https://www.foxbusiness.com/politic...ing-unintended-consequences-for-manufacturers

how 25% tariff causing 100% increase in prices??

 

[qxr1011]

Give me a break, this guy calls his national security advisor in the middle of the night to ask him which is better for the US economy a weak dollar or strong dollar?

who said that story the national security advisor ?

 

[qxr1011]

Who do you think we got for president?

we've got what we've got

hillari knows more about economy, or jebb does?

 

[Error Correction Funder]

how 25% tariff causing 100% increase in prices??

It depends on how the tariffs are distributed. If some products have 100%, they will rise by at least 100%.

Since total revenue will be flat or more likely go down, the loss of economies of scale increase transaction costs. If the kind of product being tariffed already had low sales in general, transaction costs will be murderous.

 

[qxr1011]

It depends on how the tariffs are distributed. If some products have 100%, they will rise by at least 100%.

Since total revenue will be flat or more likely go down, the loss of economies of scale increase transaction costs. If the kind of product being tariffed already had low sales in general, transaction costs will be murderous.

hold on the guy talks about cost of the product

what revenue? he did not talk abut revenue

if steel pipe used around 100% of steel at the cost 38 cents then how come 25% increase in base gives 68 cents?

this guys is lying