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and BAO is taking it at face value
I’d like a rational explanation as to why they would do this. The article neglected to offer one, although they strongly hinted and spun the message that way. So perhaps you have personal insight? Why would LG stop ongoing plans to manufacture in the USA when the new tariff would strongly encourage them to double down on such plans?
‘Splain to me!
not to mention the environmental cost of shipping this shit back and forth across the Atlantic on barges the size of New Jersey that get 1000 ft/gallon of diesel fuel
Fuck this arrangement. We're not starting a trade war, there has always been a trade war- we just might stop losing for a change. The markets will hate it in the short term, but where archaic companies see a problem, new companies will see opportunity. As far as retaliation, what is China going to do- sell their cheap, shitty goods in the other largest consumer economy in the world? They need us more than we need them. This is a massive step in the right direction.
Now if we can just literally remove New Jersey from our landmass and out to the sea. That would truly be winning.
The situation we are in is one of our doing, not the Chinese, Japanese, Germans, Russians, South Koreans, or anyone else. It is us.
Consumers want lower priced goods - we got it, along with a lot of things we didn't want.
Consumers wanted lower priced transportation - we have that now and not quite as wonderful as first promised.
Don't like the outcome - vote first with your wallet and then at the voting booth
The steel industry jobs aren't coming back
The coal mining jobs aren't coming back
The aluminum smelters aren't going back to the way things were
If you liked the 1950s 1960s and 1970s - watch reruns on the television or the movies - that world just like the movie is Gone With The Wind
The steel industry jobs aren't coming back
The coal mining jobs aren't coming back
The aluminum smelters aren't going back to the way things were
The neo-libs didn't kill the American Dreams.
It's going to get worse - not better. Much much worse...
Americans killed their own American Dreams with their wallets first, then their votes at the ballot box and failing to remove while in office or vote out "elected officials" who put something other than constituents and the country's best interest first.
Pressed for time today.
"IF" we are going to be great again - how do we achieve that at minimum wage ?
That's pretty funny too. No chance it was the Steelworkers Union, OCAW, Autoworkers Union, any other union including the Longshoreman's Union who love to hold the country hostage on a whim - pretty much anything decent that is out there today is a result of union activity including wages and benefits.
Grade "A" Tumponian Bullshit of the Finest Quality.
For what it's worth this is another industry that isn't coming back to it's glory days
Obviously this is wasted - these smelters run on electricity, lots of it, We do not have cheap electricity all over. Canada has a abundance of dirt cheap hydro produced electric power.
Chant MAGA until your blue in the face, chant WINNING as well to the same result - these jobs are not coming back in any meaningful way no matter how Breitbart spins it or the administration spins it or Potus lies outright and tells you they are.
Based on the most recently completed plants, an estimated $1.5 billion would be required. Add to this the requirement that this new smelter have its own electricity-generating facilities to service it.
Out steel industry and aluminum industries are not competitive with state of the art facilities.
Such cumulative considerations, when combined with the availability of needed energy at a competitive price, lend some credence to the often heard statements that another aluminum smelter will not be built in the United States.
MARSTON, Mo. — A new aluminum smelter will open in the Missouri Bootheel region in May, replacing roughly half of the jobs lost when another smelter shut down two years ago.
Magnitude 7 Metals plans to hire 450 people for its plant in the former Noranda Aluminum smelter in New Madrid County, near the tiny town of Marston, about 150 miles south of St. Louis. CEO Bob Prusak said 140 people have already been hired. One line of the plant will open in May, and the s\econd in November.
Less than a 1,000 jobs is not roaring back and failure to keep in mind this is very cyclical environment does not bode well for investing large sums of money in new facilities when you don't have to. Cheaper to buy it from someone else who has their money tied up in large capital expenditures which frees you to do something else.
Cheaper to buy it from someone else who has their money tied up in large capital expenditures which frees you to do something else.
Nor can you sing the new false tune of Populism and Nationalism.
They also require something to power them and that would be ?
Electricity ! And the fucking shit is expensive and if the largest customer drops off line, guess who gets to pick up the tab ?
Greitens said in November that the new law also proved beneficial when Nucor, the largest U.S. steel producer, announced it was opening a micro-mill in the Sedalia area, creating 250 jobs.
They also require something to power them and that would be ?
Electricity ! And the fucking shit is expensive and if the largest customer drops off line, guess who gets to pick up the tab ?
Never said there wasn't enough - just not enough at the right price. Very key element - the price.
The problem is here, not there.
The Steelworkers Union did as much damage as the cost of electricity but at the end of the day it all goes back to management.
Kind of curious, I thought Patrick and others on here have been screaming for several years now how bad a thing Diversity is but now it's a good thing ?
Patrick saysBut cultural and ethnic diversity is provably a very bad thing for civic engagement.
Also necessary to get results you mentioned in sentence two as well as diversity in thinking.
Not at the correct price for some of these companies to stay afloat. Don't care how much we make from what - at the end of the day if the consumer be it an individual or a corporation finds the price unacceptable - game over.
The better question no one is asking is why some of these companies are staying in business with little to no problem but others are screaming unfair etc.
@Patrick. Seen your threads on diversity - don't agree and not getting into a mind numbing debate with you.
Heard the same old same old now since 2001.
It is a double edged sword that has to be strategically managed and most companies are totally inept when it comes to doing so.
The European Commission, the EU's executive body, announced Chinese exports of steel plate will be taxed with anti-dumping duties ranging from 65.1 percent to 73.7 percent for a five-year period on February 28.
Feux Follets saysPressed for time today.
No worries.
Feux Follets says"IF" we are going to be great again - how do we achieve that at minimum wage ?
Not possible. One of the driving factors of the 50s and 60s was high demand, low labor supply. It makes companies train employees, pay them well to avoid turnover, and it can only happen if we restrict Corporate/Neoliberal gaming of the "Global Labor Market". Tariffs and restricting immigration is the only way to do it.
Not possible. One of the driving factors of the 50s and 60s was high demand, low labor supply. It makes companies train employees, pay them well to avoid turnover, and it can only happen if we restrict Corporate/Neoliberal gaming of the "Global Labor Market". Tariffs and restricting immigration is the only way to do it.
Heard the same old same old now since 2001.
But let's not argue. The scientific evidence is very clear and consistent. Diversity of population is mostly harmful. It's easy to do look up the scientific facts.
Steel workers will be joined by their bosses as they march on Brussels demanding urgent action against cheap Chinese imports.
About 5,000 protesters will insist the European Commission ramps up tariffs on China to stop it dumping cut-price steel – one of the main reasons for thousands of job losses at Britain’s industry.
In an unprecedented move, reps from the Unite, Community and GMB unions will stand side by side with Tata Steel Europe chief Dr Karl-Ulrich Kohler and Celsa group’s boss Francisco Rubiralto.
Gareth Stace, director of trade association UK Steel, will also join the demo. He said: “I can’t remember an occasion where bosses have joined unions and employees to march on the European Union’s offices and demand more action.
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https://apnews.com/5f68ab2a45124b29be5dfbfc474dde73/Trump-hits-solar-panels,-washing-machines-with-tariffs
US Trade Rep Robert "Lightsaber" Lighthizer:
https://ustr.gov/about-us/policy-offices/press-office/press-releases/2018/january/president-trump-approves-relief-us#