Author Topic: US Steel Tariffs  (Read 1483 times)

Offline mrsid2

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US Steel Tariffs
« Reply #45 on: March 06, 2002, 09:54:29 AM »
'How can you call it competition when one side has an impossibly large advantage?'

That's what I'm wondering in the MA week to week.  :rolleyes:

I think the fuss here is because US broke it's own principles. They raise hell every time others have done things like this.

Well, a complaint has been made to WTO immediately, for what good that does. IMO Bush is yet again paying back the campaign funds he got from the big industry.. :)

Kiyoto, defence budget, steel tariffs..

Bad thing is that when he bends over to the tycoons, he's showing his butt to the average consumer. Can't please both.

Offline Krusher

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US Steel Tariffs
« Reply #46 on: March 06, 2002, 11:00:14 AM »
This may give you a better view of the US steel industry and why they may need some help

http://www.business-journal.com/SteelIndustryIndex.html

Offline Krusher

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US Steel Tariffs
« Reply #47 on: March 06, 2002, 11:05:36 AM »
BTW  half of the steel companies in the US are in bankruptcy with the price of steel at a 20 year low. Bush bashers may say its a Bush payback to big business, but I bet some of the 100,000 steel workers would call it differently.

Offline miko2d

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US Steel Tariffs
« Reply #48 on: March 06, 2002, 11:16:52 AM »
How about 700,000 steel industry retirees and their families losing significant portion of their pensions and all the healthcare benefits?
 How about the whole towns that live around the steel industry and it's retirees?

 miko

Offline fd ski

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US Steel Tariffs
« Reply #49 on: March 06, 2002, 11:50:15 AM »
what exacly makes them different from all the other unemployed ?

Shouldn't they "adapt" to the economic realities to the market ? The supply/demend thing ?

Why aren't janitors protected ?
How about hotel workers ?
What makes steel special ?

Offline Dowding

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« Reply #50 on: March 06, 2002, 12:01:23 PM »
My heart bleeds, miko2d. Those towns would only be experiencing a situation replicated over the entire developed world. You're nothing special.
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Offline Eagler

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US Steel Tariffs
« Reply #51 on: March 06, 2002, 12:06:30 PM »
It's the unions fault - everyone back to that thread :)

I did hear that the steel workers make on average 56% more than the rest of the manufacturing industry in the US ....
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Offline Boroda

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« Reply #52 on: March 06, 2002, 12:40:58 PM »
Any country who wants free trade with the USA, feel free to eliminate tariffs and duties and quotas on imported goods, and I'm pretty sure our government will do the same.

Funked, do you really believe this?

Gavor, can you tell us a story about tariffs on pork?

BTW, US represenatives already threatened Russia for refusing from importing American chicken meat. Funny, isn't it?

Offline Fatty

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« Reply #53 on: March 06, 2002, 12:48:25 PM »
It's hardly a backroom deal with big business, it's a very public cave-in to very public pressure from the unions.

Though I agree it's a bad thing, I'm suprised to hear from so many closet capitalists.  Apparantly Bush is too compasionate to the american working man?

Offline gavor

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US Steel Tariffs
« Reply #54 on: March 06, 2002, 04:51:51 PM »
Just to clarify why i'm making a fuss about this. mrsid2 said

Quote
I think the fuss here is because US broke it's own principles. They raise hell every time others have done things like this.


..and he's right. Its not so much the tariff thing, although it irks me because i'm Australian :). If the US government wants to push global trade so hard they should practise what they preach, not pander to the steel belt workers ahead of your congressional elections in November.

Pork tariffs Boroda? I'm not sure, do we have tariffs on pork? Interesting. If you have some numbers on that I'll gladly discuss it with you.

Lastly, to JAB...

Quote
Again, I've got nothing against you for having a differing opinion. The interesting thing about this issue is BOTH sides are "right"....the perspective is just different.



... :). Don't mistake my strongly worded statements as attacks on your opinions or your character. I'm just arguing about what I believe, I like a good arguement/discussion and you're providing one. Thanks ;).
You say that countries such as mine aren't the ones bankrupting the US steel industry, yet we still have tariffs on our exports. Actually to be totally truthful we only have tariffs on half of it, our slab steel remains tariff free.

Offline miko2d

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US Steel Tariffs
« Reply #55 on: March 06, 2002, 04:52:39 PM »
Quote
Originally posted by Dowding
My heart bleeds, miko2d. Those towns would only be experiencing a situation replicated over the entire developed world. You're nothing special.


 But we are! Or rather they are. Those guys "over the entire world" do not vote in USA while people in those towns do. They do not care if your heart bleeds, they care what our president and congress do.
 Many americans, myself included, do not support that decision. I expect that your governments will start retaliating.

Apparantly Bush is too compasionate to the american working man?
 No. He is just too pragmatic. Those union workers were getting extra benefuts by making US steel industry less competitive through resisting modernisation, promoting ineficiency and driving up costs. The fall was predictable and now they want the government to bail them out at the expence of other US workers who will suffer from the trade war, higher steel prices, etc. Laws of economics dictate that increased reward comes with increased risk. If I do not save my own money and hurt my company, I run an increased risk that my pension plan (actually I do not have any) may fold.
 If republicans do that kind of stuff, I might as well be voting for democrats.

 Of course sometimes it is impossible to compete against low paid or slave labor with no environmental costs or government subcidies. Tariffs are a good idea in that case but they would have to be directed against specific countries, not general.

 miko

Offline Toad

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US Steel Tariffs
« Reply #56 on: March 06, 2002, 05:06:59 PM »
Allow me to change just a very few words and see if it doesn't read just as well......


"No. He is just too pragmatic. Those steel company managers were getting extra benefuts by making US steel industry less competitive through resisting modernisation, promoting ineficiency and driving up costs. It's much, much easier just to drive your company to the brink and then move the business offshore to an underdeveloped country where the government doesn't care what you do to the workers. The fall was predictable and now they want the government to bail them out at the expence of other US companies who will suffer from the trade war, higher steel prices, etc. Laws of economics dictate that increased reward comes with increased risk. If I do not save my own money and hurt my company, I run an increased risk that I may have to raid the worker's pension plan to insure that I get my golden parachute.
 
If republicans do that kind of stuff, I might as well be voting for democrats."


:)


Not pointed at you miko.. .just the average US manager.
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