MattA
1w ago
š¤š
in 2018, the Trump administration imposed tariffs on three specific importsā¦ Steel, Aluminum, & Washing Machinesā¦ to āsafeguard U.S. industries & jobs.ā
these measures addressed:
ānational security concernsā
& āunfair trade practicesā ,such as dumping, from foreign competitors
per: The Bureau of Labor Statistics
ā¢Steel:
ā¦ Before (Pre-March 2018):
~$630 per short ton
*18+ Months Later (Sept 2019+): ~$550-$600 per short ton
ā¢Washing Machines:
ā¦Before (Pre-Feb 2018):
~$400-$500
*18+ Months Later (Aug 2019+): ~$450-$500
ā¢Aluminum:
ā¦ Before (Pre-March 2018): ~$2,300-$2,450 per metric ton
*18+ Months Later (Sept 2019+): ~$2,100-$2,250 per metric ton
in 2018, the Trump administration imposed tariffs on three specific importsā¦ Steel, Aluminum, & Washing Machinesā¦ to āsafeguard U.S. industries & jobs.ā
these measures addressed:
ānational security concernsā
& āunfair trade practicesā ,such as dumping, from foreign competitors
per: The Bureau of Labor Statistics
ā¢Steel:
ā¦ Before (Pre-March 2018):
~$630 per short ton
*18+ Months Later (Sept 2019+): ~$550-$600 per short ton
ā¢Washing Machines:
ā¦Before (Pre-Feb 2018):
~$400-$500
*18+ Months Later (Aug 2019+): ~$450-$500
ā¢Aluminum:
ā¦ Before (Pre-March 2018): ~$2,300-$2,450 per metric ton
*18+ Months Later (Sept 2019+): ~$2,100-$2,250 per metric ton
See translation
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Replies
szarka
@szarka
ā„ļø by author
1w ago
Misleading. Speaking to the steel and aluminum numbers, the first figure includes the increase in prices due to anticipation of the tariffs, while the second number is from after the tariffs had already been removed on our two largest trading partners (Canada and Mexico)āprecisely because of their bad effects.
Even for this period, world prices for these metals fell, while US prices remained elevated above world prices.
Even for this period, world prices for these metals fell, while US prices remained elevated above world prices.
See translation
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