Tariffs?

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  • 6mm Shoot

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    I had to go down and buy a new suspension system for my welding shield. While I was there I thought I would pick up a extra roll of mig wire. Last time I bought a roll it was $22+. This roll cost me $38+. That is $16 rise in cost in 2 months.

    The reason that was given is the tariffs have kicked in and no one in the US makes mig wire. American Co put there name on mig wire that they sell, but it is made out side the US.

    I have said for years that we need to make everything we use in this country. I am not saying that we should not import stuff. I am saying that if we make everything we use then we would have more control over our own fate. What I am saying is if the Us uses 4 rolls of mig wire a year at least 1 should be made in the US. Then when something comes up like this we have choices. We cold ramp up the mig wire production or all such things and wouldn't have jumps in prices like this.


    The price of US steel stock has went from $48 to $69. Could this be the real reason we now have steel tariffs? I think some of the old steel plants may rise from the ashes to make steel once more.

    What are your thoughts?

    May each day bring you at least one pleasure.
     

    Thor

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    Exactly the same thing applies to microchips. It's getting to be so we could not buy them for our weapons systems even...China is trying to dominate the global market. I personally think you're right and we need to build at least some of everything. And we shouldn't buy even another can of tuna from the ChiComs.
     

    HoughMade

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    Tariffs. Not great economic policy and always favor one special interest group to the detriment of others and the general public.
     

    phylodog

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    The price of US steel stock has went from $48 to $69. Could this be the real reason we now have steel tariffs? I think some of the old steel plants may rise from the ashes to make steel once more.

    What are your thoughts?

    May each day bring you at least one pleasure.

    Funny thing those stock values are. When a company is allowed actually compete with what amounts to foreign slave labor they tend to become more profitable and investors are willing to take a chance.

    https://www.cnbc.com/2018/03/07/us-steel-reopening-plant-and-bringing-back-jobs-ceo-on-trump-tariffs.html

     

    JettaKnight

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    And doing 'business' with our enemies is never a good idea.

    Well... I do believe the EU was to force countries who had considered each other enemies to do business together to foster peace. And for the most part, it accomplished that goal.
     

    amboy49

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    Well... I do believe the EU was to force countries who had considered each other enemies to do business together to foster peace. And for the most part, it accomplished that goal.


    I’ve done absolutely NO research on why the EU was formed - but I’m willing to bet that it was because some countries wanted to gain an economic advantage over another and SOME businessmen wanted to make more money. Color me skeptical.
     

    BehindBlueI's

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    What I am saying is if the Us uses 4 rolls of mig wire a year at least 1 should be made in the US.

    While I don't disagree, particularly for items related to national security, the free market inevitably leads to this sort of thing. The whole reason free trade (actual free trade) raises the wealth of all parties involved is because each participant supposedly has a natural advantage over the other. It creates less wealth for both parties if they spend resources on a market they don't have a niche in.

    But we don't live in an Econ 101 textbook, and we have to protect national security and interests as well as raise the wealth of all trading partners. That means a certain amount of centrally planned markets (Actual socialism, not INGO socialism) to protect native industries from global free market economics if we actually want the "military industrial complex" to not involve China, etc.
     

    Kutnupe14

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    I’ve done absolutely NO research on why the EU was formed - but I’m willing to bet that it was because some countries wanted to gain an economic advantage over another and SOME businessmen wanted to make more money. Color me skeptical.

    Yes, that actually is it. They had more economic power as a block than as individual countries. It makes sense, since only the combined economies of EU meet competitiveness with the US and China.
     

    actaeon277

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    I had to go down and buy a new suspension system for my welding shield. While I was there I thought I would pick up a extra roll of mig wire. Last time I bought a roll it was $22+. This roll cost me $38+. That is $16 rise in cost in 2 months.

    The reason that was given is the tariffs have kicked in and no one in the US makes mig wire. American Co put there name on mig wire that they sell, but it is made out side the US.

    I have said for years that we need to make everything we use in this country. I am not saying that we should not import stuff. I am saying that if we make everything we use then we would have more control over our own fate. What I am saying is if the Us uses 4 rolls of mig wire a year at least 1 should be made in the US. Then when something comes up like this we have choices. We cold ramp up the mig wire production or all such things and wouldn't have jumps in prices like this.


    The price of US steel stock has went from $48 to $69. Could this be the real reason we now have steel tariffs? I think some of the old steel plants may rise from the ashes to make steel once more.

    What are your thoughts?

    May each day bring you at least one pleasure.

    Cost of metals was going up before the tariffs.
    One of quick ways I know it's gone up, when I look out the window at work. When the costs of metals has gone up, they'll have contractors out taking down abandoned buildings.
    When metals are cheap, the buildings stay up.

    Also, the percentage of new iron vs recycled metals varies with the costs.
     

    6mm Shoot

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    From what I have read we eat more beef than any other country. That beef had a skin that is shipped over seas to make coats shoes and other such stuff. Then shipped back in to the US and sold for a lower price than it could be made in the US. How is this possible? Could it be that Co are getting a brake on shipping? I thought the cost of fuel was to high for such stuff to be going on.

    I know that the US EPA rules on tanning because of waste are costly to stay with in the rules. Other countries such as Mexico and some other countries have no such laws.

    There was a company that moved to Mexico and shipped its product back to the US. It's price didn't drop, though they did blow up the sewer system and killed a bunch of people in Mexico. No one went to jail, though they did have to pay a fine. That is what Mexico thinks of their people.

    I am not saying that we need to get rid of the EPA! NO WAY! No how. I like drinking clean water and breathing clean air.l I am saying if it's sold in the USA it should be held to the same standards that the US companies have to live with.

    China is the biggest offender of the rules. They have put stuff in pet food and baby food that has made them sick and killed them. They also make sub par stuff so it has to be replaced.

    I just had to replace a old TV made in the US, it was over 20 years old. I picked up a new one and had to take it back. I had to keep resetting the thing to get it to work. When I took it back they had me talk with their TV guy. He told me that the TV I picked up was crap and needed to up grade. The brand I picked was the same brand that I have in my bedroom and has worked for 6 years with out any problems. So I added a $ 150 to the $380 I had already spent and picked up TV number 2. To keep this short I am now on TV number 3 and things are looking good. I was told that TV number 3 should last at least five years. According to the sells person no one makes TVs that last 20 years any more because of the always new teck. Like computers. I have no idea if the sells person knew what he was talking about. I just know I have never had to go through 3 TVs to get one that works. All were made in China.
     
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    BehindBlueI's

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    l I am saying if it's sold in the USA it should be held to the same standards that the US companies have to live with.

    Nobody in the US wants to actually have that happen, though. As long as their are poisoning THEIR country, depleting THEIR natural resources, killing THEIR citizens and keeping THEIR citizens in poverty and WE get the lower prices WE are happy with the status quo.

    Did you notice that GE is going to be taken off the DJIA and replaced with Wal-greens? Think about that. GE has been one of the stocks on the Dow Jones INDUSTRIAL Average for over a century. GE also manufacturers (or at least did) a lot of the components for are aerospace industry and national defense. Now it's considered by the bean counters to be less representative of our economy than a retail drug store.
     

    JettaKnight

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    Nobody in the US wants to actually have that happen, though. As long as their are poisoning THEIR country, depleting THEIR natural resources, killing THEIR citizens and keeping THEIR citizens in poverty and WE get the lower prices WE are happy with the status quo.

    Did you notice that GE is going to be taken off the DJIA and replaced with Wal-greens? Think about that. GE has been one of the stocks on the Dow Jones INDUSTRIAL Average for over a century. GE also manufacturers (or at least did) a lot of the components for are aerospace industry and national defense. Now it's considered by the bean counters to be less representative of our economy than a retail drug store.
    It's more about the fact that GE is not nearly what GE used to be. As noted in another thread, they don't even make many of their branded appliances.

    GE is not a good indicator, just like the DJIA.
     

    BehindBlueI's

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    It's more about the fact that GE is not nearly what GE used to be. As noted in another thread, they don't even make many of their branded appliances.

    GE is not a good indicator, just like the DJIA.

    They don't make any of the GE appliances because the GE parent company doesn't own GE Appliances any longer. Haier does. GE Healthcare, GE Aviation, GE Transportation, etc. are still under the GE umbrella.
     

    Leadeye

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    As a young man getting started in the chemical industry during the 70s I visited many places here in Indiana and was always awestruck by the vast power of manufacturing in this state. The rail cars of Dupont Alathon rolling into sidings at the Guide Lamp complex, it seemed like it had been there as long as the pyramids. Home of the WW2 Grease Gun and employer of thousands. RCA plants at Sherman Dr., Bloomington, and Marion, Chrysler foundry on the West side of Indy. Just go up Mass Ave and turn on Shadeland and you passed Schwitzer, Western Electric, and Chrysler again, now just a part of history. When you stood in these great places and saw all the people working, you knew why Americans were driving cars on the moon and not somebody else.
     
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    6mm Shoot

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    BehindBlueI's, I have to say I would love to see all importers live with the same rules that our companies have to live with to sell stuff in the U.S. It would be better for the earth and for all people. I know things would cost more at first, then that would change. Who knows, we might just get back to making stuff the hole world wants again.
     
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