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Ohiogal

(31,926 posts)
Sat Jun 30, 2018, 12:59 PM Jun 2018

Trump Tariffs make it harder to build U.S. Infrastructure

"Since Trump announced the tariffs in March, prices have been rising for the American steel used to build bridges, reinforce concrete highways and lay the rails for mass transit systems. Though many of this summer’s big construction projects had locked in pre-tariff prices, concerns are mounting among contractors and some transportation officials that the tariffs could raise costs and delay work that is still in the planning stages.

Most federally funded transportation projects in the U.S. already are required by law to use U.S. steel. Tariffs are like taxes charged only on imported products. But because they make foreign steel more expensive, tariffs also allow U.S. steel producers to raise prices without being undercut by international competitors.

The price of U.S. hot-rolled coil steel, a bellwether product for the industry, is up about 40 percent since the start of this year due to a combination of Trump’s tariffs and strong economic demand, said Joe Innace, the metals content director in the Americas at S&P Global Platts."

more:

https://apnews.com/3a974a6109a949398f621af432c433ba/Trump's-own-tariffs-make-it-harder-to-rebuild-infrastructure

********It's like everything he touches he poisons.

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Trump Tariffs make it harder to build U.S. Infrastructure (Original Post) Ohiogal Jun 2018 OP
As long as he can fly to his prefered destinations, Ferrets are Cool Jun 2018 #1
Question: How did these tariffs pass? vi5 Jun 2018 #2

Ferrets are Cool

(21,104 posts)
1. As long as he can fly to his prefered destinations,
Sat Jun 30, 2018, 01:06 PM
Jun 2018

he doesn't give a fuck about our infrastructure. Or anything else but his pockets.

 

vi5

(13,305 posts)
2. Question: How did these tariffs pass?
Sat Jun 30, 2018, 01:12 PM
Jun 2018

Were they an executive order? I mean without getting into the snark of the "President can't act unilaterally" argument we had for 8 years under Obama......for both the tariffs and all the immigration stuff and any other things that have been done under trump (aside from the tax law which passed through reconciliation in the Senate)....are they all executive orders?

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