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

Net vs Brick-and-Mortar

A market battle is raging NOW between brick-and-mortar stores (Walmart) & the net (Amazon). I suppose the perception is such that an internet store can do it better, have a broader selection & be more responsive to the needs of the consumer. It’s possible that the internet store is more convenient & easier to use. Plus, maybe less expensive. The struggle for the internet store is that they have to figure out how to get the product to the end user …. the “last mile” they would say. Shipping costs can be significant. I recall not too long ago, planning on purchasing a product, where it was being offered something like this … “Buy 1, Get 2nd FREE”, the only thing needed to pay on the second one was shipping & handling. The free turned out not to be so free, therefore I couldn’t even buy the first one because of the shipping/handling cost. The collection of sales taxes used to be a big deal, but that is quickly disappearing as an issue & the playi...

Hospitals, Hospitals & MORE Hospitals

Finished reading an article regarding a new medical research center being built by “Children’s Mercy Hospital” in Kansas City, MO. It’s going to be a beautiful building & one of architectural significance from the looks of it. I dare say that it most likely will be pretty expensive to build . Having not too long ago moved back to Kansas City from Houston … there, they are building new architecturally significant hospitals right & left … there appears to be no end in sight as to the building spree. I am not sure there is any more room left in the Houston Medical Center District. Some of my reading has implied that these facilities are of a high tech nature with all the bells & whistles necessary to deliver state of the art medical care to a generation of folks who are demanding such services. I can’t help but believe that all of this will ultimately be reflected in higher health care costs to us the end user. Our insurance rates in reality go up significantly e...

Human - Sex/Labor Trafficking

Human trafficking is characterized by the use of force, fraud or coercion to lure their victims into some type of labor or commercial sex act. Not all of these above factors may be present in every situation. Human trafficking is a crime which is seldom reported due to language barriers, fear of traffickers and possibly fear of law enforcement itself. Craigslist, to their credit ... removed the "Personals" section within their online service in March of 2018 due to Federal legislative decree stiffening penalties associated with sex trafficking. It was the right move legally, ethically and morally. Sex trafficking is a subset of the larger issue known as "Human Trafficking." It is not an unreasonable stretch of logic to equate sex trafficking with the trafficking of labor, e.g. illegals being brought into the U.S. for the purpose of working in American businesses. A good number of American businesses are INDEED guilty of said labor trafficking. No place is ...