Canada, Mexico Steelmakers Refuse New US Orders

[Diogenes]

Rather, easy for you to do when you are too retarded to read basic English.

Acknowledging your problem is always the first step in getting help. Good luck on your journey. Maybe pray about it, if you think it'll help.

 

[Into the Night]

You think there is more than one producer of IPhones? A patent holder with exclusive rights is free to charge whatever the market will pay. Steel is not currently patented by any one company.

...so?

Like any item in the economy where there is competition, if an American company sees that they can make a profit selling steel at the price that it is currently being purchased for domestically then they might start producing steel. If they can't make a profit, then they won't start producing steel unless they are looking to lose money.

Steel is already being manufactured in the United States, Poorboy.

Yes, foreign importers can drop their prices to the point that domestic steel mills can't compete and they go out of business because they can't make a profit at the price that an imported steel with a 25% tariff is selling for. That would just defeat the claimed purpose of the tariff.

Steel mills are not out of business in the United States, Poorboy.

 

[Into the Night]

tariffs may have to be deeper to counteract the overseas human slavery threatening to destroy freedom on earth.

What about the slavery currently in the United States?

 

[Into the Night]

Get an argument, cretin.

Already made, cretin.

 

[Lionfish]

...so?

Steel is already being manufactured in the United States, Poorboy.

Correct.

Steel mills are not out of business in the United States, Poorboy.

The democrats have tried to regulate them out of business.

 

[Poor Richard Saunders]

tariffs may have to be deeper to counteract the overseas human slavery threatening to destroy freedom on earth.

So inflation will be even higher for the US consumer.

 

[Walt]

With one exception. We have a much larger economy and resources to work with. We can easily out manufacture Brazil.

When trump is done with the USA will we still be a larger economy?

The original whole concept of the BRICS was that they were so large that they could actually have a self maintaining economy, even with high trade barriers. Brazil has almost as many people as the USA, and India has much more people than the USA.

 

[Into the Night]

Yes the fuck he is.

What makes you think he is?

 

[Freddy Figbottom]

So inflation will be even higher for the US consumer.

inflation is only due due to money supply issues.

but you know this.

you're a sophist liar and traitor to humanity.

 

[Freddy Figbottom]

Already made, cretin.

no hasn't.

 

[Into the Night]

So inflation will be even higher for the US consumer.

Tariffs don't cause inflation, Poorboy.

 

[Walt]

The USA. It has a constitution.

Both India and Brazil have constitutions. trump says he wants to suspend the constitution, so do we really have a constitution?

 

[Freddy Figbottom]

When trump is done with the USA will we still be a larger economy?

The original whole concept of the BRICS was that they were so large that they could actually have a self maintaining economy, even with high trade barriers. Brazil has almost as many people as the USA, and India has much more people than the USA.

economic size in dollars is irrelevant.

are most people doing well? is the question.

 

[Poor Richard Saunders]

Why would it cost $14 to make the same product?

I realize math is hard for you as you have demonstrated time and again but a simple example would be the product requires materials and labor.

If we assume the material cost is the same - $6
and the labor need for manufacturing is the same - 18 minutes

Cost in China at $2 per hour would be $6.60 to produce
Cost in the US at $25 per hour would be $13.50

 

[Into the Night]

When trump is done with the USA will we still be a larger economy?

Yes, obviously.

The original whole concept of the BRICS was that they were so large that they could actually have a self maintaining economy, even with high trade barriers. Brazil has almost as many people as the USA, and India has much more people than the USA.

Not the meaning of BRICS, Wally.

The current population of Brazil is approx. 212.2 million people.
The current population of the United States is approx. 345 million people.

People aren't the only resource, Wally.

 

[Poor Richard Saunders]

inflation is only due due to money supply issues.

but you know this.

you're a sophist liar and traitor to humanity.

I see. So if something costs more tomorrow than it did today, that isn't inflation in your world.

 

[Into the Night]

inflation is only due due to money supply issues.

This is correct.

but you know this.

He probably doesn't, which is why he is making the silly arguments he is.

you're a sophist liar and traitor to humanity.

Buzzword fallacies.

 

[volsrock1]

Some steelmakers in Canada and Mexico are telling customers that they are refusing new orders to the US on concerns that President Donald Trump soon will reimpose duties.

Canada’s Stelco has been telling US-based consumers it is pausing sales quotes, according to a person familiar with the matter. Mexico-based steel suppliers also stopped taking orders for material this week as they await potential action from Trump, according to Flack Global Metals, a large buyer.

https://finance.yahoo.com/news/canada-mexico-steelmakers-refuse-us-171330059.html

WOW!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!​

LOL

According to current data, Mexico produces less than 1% of the world's steel, with estimates placing its share closer to 1% or slightly below, making it a relatively small contributor to global steel production.

 

[Walt]

economic size in dollars is irrelevant.

are most people doing well? is the question.

Americans are about to do worse... The question is how much worse.

I doubt trump cares. he does not believe any statistics provided by the government, nor any other source, on how people are doing. he does believe DJIA. he has no other source on how the economy is doing.

If we have high inflation, then the DJIA can appear to be going up, whatever else is happening in the economy. Which means not only is trump's policies inflationary, but he will be happy when they create inflation.

 

[Into the Night]

I realize math is hard for you

What math???

as you have demonstrated time and again but a simple example would be the product requires materials and labor.

...so?

If we assume the material cost is the same - $6

Why would it be the same?

and the labor need for manufacturing is the same - 18 minutes

Why would it be the same?

Cost in China at $2 per hour would be $6.60 to produce
Cost in the US at $25 per hour would be $13.50

You're making up numbers. Argument from randU fallacy.