Skip to main content

Tariff Two-Step

I recognize the need for American trade policy (and overall foreign policy for that matter) to be consistent from one Presidential administration to another. It seems unwise for there to be a radical change every few years subject to an election outcome.

BUT ... it also seems to be fundamentally absurd  continuing forth with any trade policy which is detrimental to the American worker and our national security simply because of the perceived need for policy consistency.

Based upon what I am reading and viewing in the press, It is not surprising to me to witness the "gnashing of the teeth" and screams of "bloody murder" as a result of the President raising tariff barriers on steel and aluminum imports. Sure ...  it is going to upset a good number of people, worldwide. The upset ones are most likely the ones who are benefiting from the current state of affairs. They of course will most certainly seek to penalize us (the American consumer) in order to vividly illustrate to us that any barriers are wrong and misguided.

Please make a note of this .... In spite of Europe's concerns that the US is punishing them with increased tariffs, THEY too are considering raising their barriers to counter the Chinese inundating their marketplace with cheap steel and aluminum. Kind of interesting.

The point the President is trying to make is that the loss of these businesses in the steel and aluminum industries poses a potential national security concern.

He may be righter than wrong.

Comments

Popular posts from this blog

Harley Davidson

Harley Davidson (Kansas City) announced that they are going to close their manufacturing plant sometime in 2019. I think they described it as bringing into alignment their manufacturing capacity with the harsh reality of a shrinking demand for their product. The plant costing millions of dollars to build was put into play around 1998. So we are looking at a plant that has been in Kansas City only 20 years. Plus, when they threatened to shut down the plant a few years ago, the State of Missouri and employees came up to the plate again to provide them what they needed to stay. I recall a significant investment by another GIANT corporation not too long ago in Kansas City. Interestingly enough, they secured some nice funding breaks from the city and state assisting in its construction. Millions of dollars were spent to build the facility. The local chamber participated in the ribbon cutting joyfully singing the corporations' theme song and basking in the belief that the states'...

Showdown @ the Singapore Corral

join me as I walk down fantasy lane .... Donald and Kim .... back to back .... each armed with their agreed upon single shot weapons .... They start ... Step 1, Step 2 .... Step 15 & they both turn ... a visible flash, a powerful and loud shock wave .... the winner still standing ... takes all. end of walk .... World leaders who have a beef with each other and of course on behalf of their respective countries .... simply should consider duking it out between themselves ... therefore excluding us little people from being sent to die for only God knows what. Subsequent to a Congress and President declaring war ... These leaders themselves should head out to the battlefield instead of sending young people with so much life ahead of them into harm's way. The fantasy above crosses my mind as I play with the possibility of something similar happening in Singapore, just a few short days from now ... It seems possible (not probable) that one of the two world leaders might decid...

Hopefully Roseanne Barr is Feeling the Pain

Racial Prejudice ... is alive & well. Unfortunately ... a significant portion our educational effort focusing on the elimination of the US's racial divide appears to be falling short of its goal. It's a little hard to stomach comments made by rather visible television personalities who most certainly express their hatred of those who are different based upon skin color, etc. These visible personalities have scored big in life's financial lottery, yet they offer nothing more to society in the form of behavior that uplifts us. They in fact tear us down and bury us deeper into the morass of hatred and shame. I am thankful for the fact that ABC canceled Roseanne Barr's show. By doing so, the network is vividly telling the citizens of our country, this kind of behavior and thought is not acceptable. They are telling us that personalities expressing themselves this way are NOT any longer to be tolerated. Reprisals will be swift, clear and permanent. Even in my s...