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Showing posts with the label aluminum

Some thoughts about Tariffs

If you don't like President Trump's tariffs give me a better alternative.  I've listened to the naysayers, the free marketers, and no one is suggesting China isn't subsidizing their companies to enable them to dump steel and aluminum at below market prices or enabling the theft of technology.  But I don't hear them offering any new ideas for enabling American companies to compete and for American workers to regain the quality jobs that go with these industries other than for our companies to compete better.  I do have an alternative to tariffs but it probably would not be enacted.  But before I get there let me start by poking holes in the arguments of the naysayers, including those who complain that the price of products will rise and consumers will be the losers here.  Let's start with the point on which I believe there is little disagreement.  We do need to do something about the trade imbalance and China.  China has been waging economic war on th...