As to tariffs or trade wars, etc.

[Eliot Rosewater]

Tariffs can work, if you prepare for them over a ten year or longer time period, building a strong sector of the targeted item here in the US so the costs have no affect on the American consumer.

Tariffs can ONLY work if you have thriving, competitive industry here making that thing you are putting a tax on.

What trump and team are doing can ONLY help the richest of the richest owners of the companies benefiting, their employees wont even benefit and ALL of the rest of us will be punished, greatly.

At no time are trade "wars" a good idea, however.

[Ohiogal]

1. Eliot, i'm trying to understand this tariff issue

And what you just posted has answered some of my questions. It just doesn't seem like something that can work overnight, or even a year from now, if most of our steel mills are shut down, antiquated, or scarce. Building new facilities or reviving old ones takes time and money, right?

Also -- if the proposed tariffs greatly increase the cost of doing business here in America .... such as making supplies more expensive.....won't companies be looking to cut costs elsewhere? Such as cutting jobs?