Current Events > gg rip no re

(+) Yeah! (+)

https://www.nytimes.com/2018/06/22/us/politics/donald-trump-tariffs-trade-war.html

It's happening.

Mid Continent, the largest American producer of nails, imports steel from Mexico to make its nails. That steel is now subject to the 25 percent tariffs that Mr. Trump imposed on dozens of countries, forcing Mid Continent to raise its prices by nearly 20 percent.

Orders have plummeted by 50 percent this month as the company tries to compete with cheaper foreign-made nails. Those foreign manufacturers are not facing higher steel costs, giving them an advantage over Mid Continent.

The company, which employs about 500 workers, has already cut 60 jobs. It could potentially cut 200 more in the coming weeks.

While Mr. Trump might propose that Mid Continent simply buy American-made steel, it might not be so simple: Mr. Skarich notes that the cost of American-made metal is much higher than what the company had been importing from Mexico, meaning it would still have to raise prices for its nails if it used domestic steel.

Mr. Skarich, a Republican, has lobbied Senator Claire McCaskill, a Democrat from Missouri, for help.

He ran on Make America Great Again, and the point was to defend and protect jobs in the United States, Mr. Skarich said. Now here is an action he decides to take that has the potential to cost 500 U.S. citizens their jobs.

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BREAKING: Politician doesn't keep promise, more at 11
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Nuffinz0rz posted...

BREAKING: Politician doesn't keep promise, more at 11

But I heard no one has ever kept their promises like Trump has
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this is incredibly obvious to any one with a working braincell that these tariffs would do nothing but fuck over americans, most specifically the type of american that would vote for trump.

but trump will blame this on the Left and it'll be okay to them
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Fair, next. Those fools voted for Trump, and they can face the consequences. I think its funny that many of the tariffs enacted/being considered by other countries are specifically going to target red state industries and companies.

You reap what you sow, lol
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