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there are some narrow interests that favor Trump tariffs. e.g. the United Steelworkers Union: "China ... dumps its excess aluminum and steel on the world mark

there are some narrow interests that favor Trump tariffs. e.g. the United Steelworkers Union: "China ... dumps its excess aluminum and steel on the world market at super-discounted prices. The United States, in conjunction with European allies and others, has repeatedly over the past decade negotiated with China to stop defying the rules it agreed to abide by when it gained entrance to the World Trade Organization in 2001. China repeatedly has said it would. And then it doesn’t." http://inthesetimes.com/working/entry/21027/union_steel_tariffs_china_labor_trump/ http://inthesetimes.com/working/entry/21027/union_steel_tari...

youarewrongstfu 7y ago
So the steelworkers, whose income relies on American production of steel, is butthurt because someone else makes steel. Again. Still. This is not new. The steelworkers have been bitching about everyone and everything basically since Japan started making cars that weren't shit and releasing them in the US market. Adapt or die.
- jtx22 7y ago
  You're well on your way to dying.
scarface74 7y ago
“Trump’s steel tariffs cost U.S. consumers $900,000 for every job created, experts say“ https://www.washingtonpost.com/business/2019/05/07/trumps-steel-tariffs-cost-us-consumers-every-job-created-experts-say/ https://www.washingtonpost.com/business/2019/05/07/trumps-st...
- simonh 7y ago
  Very similar story with the Obama tire tariff. $926,000 cost to consumers per job saved, plus the loss of 3 retail jobs due to consumers spending more on tires and less on other stuff. http://www.aei.org/publication/2009-tire-tariffs-cost-us-consumers-926k-per-job-saved-and-led-to-the-loss-of-3-retail-jobs-per-factory-job-saved/ http://www.aei.org/publication/2009-tire-tariffs-cost-us-con...
  - scarface74 7y ago
    As usual, when the government gets involved in the market and the economy, with a combination of incompetence and cow towing to special interest, it makes the situation worse.
- HillaryBriss 7y ago
  I didn't say it was good for everyone. You said "The trade war isn't helping anyone." I only pointed out that some narrow interest groups favor it because it's helping them. There are other inefficiencies in the US economy, jobs that are preserved or are high paying solely because existing laws limit competition, limit participation by potential additional workers, etc The real issue here is not "Have these tariffs caused our economy to deviate from pure efficiency?" It's "Which special groups are allowed to have their own interests protected and extended by law and by government action?" This stuff is happening all over the economy.

youarewrongstfu 7y ago

So the steelworkers, whose income relies on American production of steel, is butthurt because someone else makes steel. Again. Still. This is not new. The steelworkers have been bitching about everyone and everything basically since Japan started making cars that weren't shit and releasing them in the US market. Adapt or die.

jtx22 7y ago
You're well on your way to dying.

scarface74 7y ago

“Trump’s steel tariffs cost U.S. consumers $900,000 for every job created, experts say“ https://www.washingtonpost.com/business/2019/05/07/trumps-steel-tariffs-cost-us-consumers-every-job-created-experts-say/ https://www.washingtonpost.com/business/2019/05/07/trumps-st...

simonh 7y ago
Very similar story with the Obama tire tariff. $926,000 cost to consumers per job saved, plus the loss of 3 retail jobs due to consumers spending more on tires and less on other stuff. http://www.aei.org/publication/2009-tire-tariffs-cost-us-consumers-926k-per-job-saved-and-led-to-the-loss-of-3-retail-jobs-per-factory-job-saved/ http://www.aei.org/publication/2009-tire-tariffs-cost-us-con...
- scarface74 7y ago
  As usual, when the government gets involved in the market and the economy, with a combination of incompetence and cow towing to special interest, it makes the situation worse.
HillaryBriss 7y ago
I didn't say it was good for everyone. You said "The trade war isn't helping anyone." I only pointed out that some narrow interest groups favor it because it's helping them. There are other inefficiencies in the US economy, jobs that are preserved or are high paying solely because existing laws limit competition, limit participation by potential additional workers, etc The real issue here is not "Have these tariffs caused our economy to deviate from pure efficiency?" It's "Which special groups are allowed to have their own interests protected and extended by law and by government action?" This stuff is happening all over the economy.