How does this bring factories to America
How does this bring factories to America
why pay 50% more for steel when you can make it here
steel has a very low profit margin, so increasing the tax on foreign steel makes it profitable to produce in the US.
the problem is Trump and his tariffs will likely be gone before anyone can seriously ramp up production of US steel.
OPs IQ: two digits
The factories are already here and operational.
We dont make steel. That's why we are selling the company to Japan
So sick of taco orange man
yes. sort of.
a factory can produce X quantity. If you want it to produce 10X you need to spend money to increase capacity or build new factories or both.
even if the factory is built for 10X and has just been doing 1X for a decade, it still takes major work to get it back up to full capacity. Often it's cheaper to build a new factory than try to fix one that's been idling for a long time.
also aside from being designed for a specific production limit, factories have a lifespan as well.
so your factory has been operating for 25 years, it's time to tear it down and build a new one. They have very specific limits on quantity of production and how long the factory can last before maintenance becomes more expensive than replacement.
The actual news that matter is that now to become a federal worker you have to pledge allegiance to Trump and Project 2025, meaning that the federal government will now be fully under Trump's control. My assumption is that these positions will be fully staffed by Indians.
As President Donald Trump moves to slash the size of the federal workforce, his administration unveiled a plan to ensure that any new hires are “patriotic Americans” who vow to advance the president’s policy priorities.
politico.com
most federal workers are veterans, and that vow violates our oath to the constitution.
SCOTUS will toss that right out the window.
pretty sure this is unconstitutional kek
most federal workers are veterans
American veterans are Trump's cocksuckers who don't give a damn about the Constitution. Basically this is a purge and America is Russia 2.0.
When the fuck did that stop Trump or even mattered to him? DOGE as a whole was unconstitutional and it basically abolished the Constitution since it had legislative power over all other laws and legal bodies.
trump cant change hes losing a congressional majority in a year
hes moving fast and reckless because he knows if everything fails then the democrats will shut down the federal government
your little dooming is funny, nothing ever happens
Just by the dip. TACO man never fails.
American veterans are Trump's cocksuckers who don't give a damn about the Constitution
they were right up until DOGE fired a third of them and then cut the VA down to nothing.
veterans are one of several groups of republicans that are turning on trump in real time.
That is in fact what tariffs have historically done
leftypol faggot throws an ad hominem at me
I like trump, I voted for him, and he won.
leftypol faggot throws an ad hominem at me
I like tariffs and agree with them, regardless of the president
leftypol faggot throws an ad hominem at me, continues to spout "WEEEIRD WEIRD WEIRD TACO TACO TACO"
you larping as some sort of fag who likes kaiji is cringe
you probably dont even own stocks youre a polnigger whose lost
How does this bring factories to America
Saaaaaar I am not good english saaar
ad hominem
thank you for proving my point, in broken english to boot
I like tariffs and agree with them, regardless of the president
vague
trump raised tariffs on china from 3% to 20% in his first term
biden kept that 20% tariff on china in place
most people don't realize this because de minimus exempted their small purchases while simultaneously pumping temu alibaba aliexpress and millions of amazon and ebay sellers
it's not really that tariffs are necessarily bad. But they are certainly a tax on consumers. Businesses can't afford to eat expenses.
youre a retarded polnigger, all you know is broken english considering your brain hasnt absorbed an actual fact since 2016
if you were even above the age of 18 since then because you post like some nigger who voted for the first time in 2024
maybe ask grok why youre a brainwashed little retard who will never own a house
who will never own a house
the way the economy is going, houses might be really cheap really soon
my house lost ~20% in just the last 2 years.
If you make materials more expensive, you can build domestic factories
housing market being full cheapies is not good for the american buyer, it's good for companies to come in and slurp then turn them into shithole corporate rent houses
if you cant sell then make enough to afford another house, then you might as well never move
I know why that sounds logical but I have personally seen businesses lower prices because of tariffs in order to stay competitive, so I disagree with this
I have a house and am married unlike you.
true.
except the american homeowner is mobile. I can sell my house and buy entire villages in mexico, honduras, or belize.
I have a house and am married unlike you.
cutest larp ive ever seen, go do your community college homework little timmy
I have personally seen businesses lower prices because of tariffs in order to stay competitive
it's possible. Especially if the business employs slave labor.
Another 4 months of tariffshit panic dumping
the market has been recovering in days, not months.
either he crashes the economy or he doesn't. It's hard to say which will happen, but until then Wall St is pretty fucking optimistic
It just depends were you live in places like Austin they are building housing like crazy in California it is literally impossible to get anyone to build anything
what are the largest consumers of steel that I can short?
It's been nearly half a year of this bullshit now. I wish Donald would either crash everything to Depression-levels so we can all die of poverty and be done with it, or just shut the fuck up and let us have a bullrun.
He controls the supreme court, house and senate. He unironically decides what is and isn't constitutional now.
Every time he announces more tariffs my coins always crash. Fuck this orange nigger
June 4 is d-day. I meant to sell a bit for profit a few days ago because there will likely be a good buying opportunity in the next few days, but I forgot.
As I typed this Skinny Puppy was screaming "Downward, downward"
the supreme court has 2 dicksuckers one of them being uncle ruckus who will vote for anything for him, everyone else thinks some of his policies are fucking awful
It doesn't. You'd think he would've learned this when it happened in his first term, but he has too much of an ego to admit he did something wrong. Turns out that putting high taxes on materials critical for manufacturing disincentivizes manufacturing, and domestic steel plants can't just magically ramp up production to fill that gap.
I like to call it the tariff tango. Kind of like the term "masochism tango", but financially and one-sided.
He won, that's how. Libtard.
spend almost a century shifting steel production abroad because it is a high energy low margin product
finally import cheap steel and steel products
hey you know what, we should make steel here!
i am a genius